Disney is starting an employee stock purchase program and changing its health insurance plans
Disney is starting a stock purchase program and changing its health insurance plans, months after cutting stock-based pay for some tech employees.
Disney is introducing a new employee stock purchase program and updating its health insurance plans. CEO Josh D Amaro announced the changes in a Wednesday memo to US-based employees. The company is also cutting stock-based compensation for some tech employees, following a major round of layoffs in April. Disney is making "measured adjustments" to health plans as costs rise, and employees will need to actively choose their plans and re-enroll dependents for 2027.
The stock purchase program could encourage retention and boost morale, but employees may not benefit if the stock continues to underperform the market. Disney's stock has been on a yearslong slump, with shares down 38% over the past five years.
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