New York (CNN Business) Senator Elizabeth Warren slammed Disney over decisions she says prioritized shareholders and CEO pay packages over the well-being of its workers. The Warren letter is the latest example of tough criticism aimed at Disney's spending priorities during the pandemic. Pay practices under scrutinyWarren gave Disney credit for continuing to provide health care benefits to furloughed workers over the past six months. However, Warren said that base salaries represent a small portion of Disney executives overall compensation, which typically includes lucrative stock rewards. In her letter to Disney, Warren took issue with the company's comments on California.

Source: CNN October 14, 2020 15:45 UTC