In the wake of the announcement that Disney will require all salaried and non-union employees to be vaccinated, CEO Bob Chapek is explaining why. In an interview on Mad Money Chapek explained that in short its for the “greater good.” On July 30, 2021 Disney announced that salaried and non-union employees would be required to get a vaccination. Disney is also currently in discussions with its unions on how to make this happen there as well.
During the interview with Jim Cramer on Mad Money, Chapek was asked what would happen to those who chose not to be vaccinated. While Chapek didn’t exactly answer the question directly he still had thoughts on the matter.
“We believe what we’d like to do is convince them that it’s in everyone’s best interest in order to get vaccinated for the greater good … and the greater good includes our guests,” said Chapek. “It goes back to that contract that we have with our guests, that we’ll operate responsibly.”
This policy comes as vaccinations continue to be proven to prevent the risk of developing severe COVID-19. There has been opposition to the government and corporate mandates regarding vaccinations, however.
“We believe that vaccinations are the key to really mitigating the impact of this pandemic, and we here at Disney don’t control what the rest of the world does, but we do have a quarter of a million cast members that we’d love to see vaccinated,” Chapek said in the interview. “We think we owe it to them, being in the public eye, but we also owe it to our guests at the same time.”
The interview with Jim Cramer came shortly after Disney released its earnings results for the 3rd quarter. It saw Disney rebounding after having its bottom line significantly impacted the year before due to the pandemic. During this time, all of Disney’s theme parks were closed. Since the pandemic began, Disney+ has been and continue to be a bright spot for The Walt Disney Company.
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