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Disney (Walt) Co.
| Headquarters location: 500 South Buena Vista Street Burbank, CA 91521 |  | Tel. (818) 560-1000 Job offers, investor relations: disney.go.com/corporate/ Stock:  |
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« ETHICAL » RATING OF DISNEY_WALT
, group
and subsidiaries
[ ?] |
| Labor: 14 violation(s) of fundamental labor rights |
| Job: 4% of company's jobs cut since 1998 |
| Delinquency: 3 act(s) of financial or trade delinquency |
| Tax haven, secret bank account, shell companies: operates in 1 offshore financial center(s) |
| Sales: more than 36 billion(s) dollars/euros in annual sales |
| Net profit: more than 20 billion(s) dollars/euros in cumulated net profit since 1998 |
| Top management: earns 17973 times the median income in the United States (32000 US$/year) |
| Influence: 6 act(s) of direct corruption or lobbying |
| Advertising & marketing: 3 dubious practice(s) |
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Relevance: business & market share |
year | business source |
| 2006 | Disney was third with US movie theater ticket sales of $1.29 billion. | Bloomberg  |
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World locations & Manufacturing |
Disney Walt is managed by |
| year name | photo position; compensation source |
| 2006Iger, Robert |  Chief Executive Officer; salary: 21.3 million US$; stock-options: 7.96 million US$; |
| 2003Staggs, Thomas | Chief Financial Officer; salary: 2.3 million US$; stock-options: 0.29 million US$; |
| 1998Eisner, Michael | Chief Executive Officer; salary: 5.76 million US$; stock-options: 569.83 million US$; |
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| year | employees <> | social impact : country source |
| 2007 | | ILO violation 1,87,98 : The Chinese NGO SACOM (Students and Scholars against corporate misbehaviour) denounces the working conditions of the employees of Disney's subcontractors in China :"We often work 350 hours per month, in high season up to 400 hours" explains Cui, 31 years-old, employed by Haowei Toys in Shenzhen, one of Disney's subcontractors in China. "overtime work is not paid, or then in a completely insufficient way.": China |  |
| 2006 | | ILO violation 1 : On 22 July workers from the Merton Company Ltd. (a/k/a Hengli Factory) which employs some 10,000 workers in Dongguan, Guangdong Province and which reportedly supplies toys to Disney, McDonalds, Mattel and Hasbro, protested against low wages and poor living conditions. In the evening, factory security and police sent in riot control vehicles and personnel to control the riot but the following day the conflict intensified and some one thousand workers joined the affray with scores injured. Scores of workers were then detained but later believed to be released.: China |  |
| 2006 | | ILO violation 1,131 : Employees at a factory in southern China which produces toys for Disney and other firms typically work 11 hours a day, six days a week, and rack up to 70 hours of overtime a month. This violates China's labor law, which stipulates workers shall not work for more than 40 hours a week and 35 hours of overtime a month, it said. The factory deducts salary if workers refuse to work overtime and does not pay workers for taking national holidays, vacation or sick leave, according to the group. Overtime is not paid 1.5 times the regular rate as required by the law, it said. There is no base salary for workers, who are paid at piece rate. Salaries range between 600 and 800 yuan (75 and 100 usd) a month. More than 1,000 workers rioted over poor working conditions on July 2006. It took more than 100 factory policemen, riot squads and security guards to control the situation. Many people were injured and dozens of workers were arrested, according to China Labor Watch.: China | Forbes |
| 2006 | -650 | Internal restructuring: Disney plans to reduce annual movie production to about 10 movies a year and cut about 650 jobs as it shifts toward more Disney-branded movies.: United States of America | Reuters |
| 2006 | | ILO violation 1,26 : Employees of subcontractor Danu Vina Corporation earn less than $2 a day making stuffed animals that will be sold in the U.S. by Hallmark, Disney, and Starbucks.: Vietnam | CorpWatch |
| 2005 | | ILO violation 1,29, 105 : Des salariés de cinq usines du sud de la Chine ont été forcés de travailler toute la nuit en saison de pointe. Les travailleurs seraient en outre obligés de payer aux-mêmes leurs frais d'hopital. Les entreprises travaillent pour l'ouverture du nouveau parc de Disney prévue le 12 septembre à Hong Kong.: China | AFP |
| 2003 | 112000 | | |
| 2002 | 112000 | | |
| 2002 | | | |
| 2001 | 120000 | | |
| 2001 | -125 | | AP |
| 2001 | -4000 | | AP |
| 2000 | | minimum wage/day: 1.2 US$; ILO violation 1 : 13-17 hrs/days, 7 days/week for months in peak season.: China | Hong Kong . |
| 2000 | | ILO violation 87, 98 : There were no unions in any of the factories investigated, and most workers interviewed were not aware of what a union is.: China | Hong Kong . |
| 2000 | | No Social Security program, no benefit event of retirement, occupational injury or death.: China | Hong Kong . |
| 1998 | | minimum wage/day: 3.5 US$; ILO violation 1 : 12 hours a day in the peak season, 0830 - 1200, 1330 - 1730, and 1830 - 2330, 6 days/week in low season, 7 days/week high season.: China | Hong Kong . |
| 1998 | | minimum wage/day: 2.9 US$; ILO violation 1 : Guo Nian Garment Factory: more than 16 hours a day: more than 16 hours a day in peak season.: China | Hong Kong . |
| 1998 | | minimum wage/day: 2.9 US$; ILO violation 29, 105 : Forced overtime, Midway Daily Products Ltd: China | Hong Kong . |
| 1998 | | Guo Nian Garment Factory: workers received no welfare or social security at all.: China | Hong Kong . |
| 1997 | | minimum wage/day: 2.4 US$; ILO violation 26, 131 : Garment workers in Haiti are paid about $2.40 a day, transportation cost 0,66$ rt, breakfast (cornmeal and fruit juice) 0,53$ and lunch (rice and beans) 0,66$: Haiti | National L. |
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