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Investing.com -- Walt Disney (NYSE:DIS) Co. has informed its Florida-based employees, who are currently on temporary legal residency in the US, that their employment will be terminated next month, according to Bloomberg. This decision follows a Supreme Court ruling on Monday, permitting the Trump administration to revoke protections for 350,000 Venezuelans.
Disney communicated to its employees under Temporary Protected Status (TPS) via email on Tuesday. The email stated that they have been placed on a 30-day unpaid leave beginning on May 20. If these employees are unable to produce new valid work authorization by the end of the leave, they will be terminated, as per the internal communication viewed by Bloomberg.
Disney clarified its position in an email, stating that it is currently working through the complexities of the situation. In the meantime, affected employees have been placed on leave with benefits to ensure compliance with the law. Disney emphasized its commitment to the health, safety, and well-being of all its employees and their families. The company’s HR and legal teams are assisting employees who may be affected by changing immigration policies.
Disney disclosed that approximately 45 workers will be impacted by this decision.
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