Liberal predictions of “Armageddon” and “death and destruction” continued to crash and burn on Tuesday, with global giant Disney announcing its plans to pay out big bonuses to employees and invest $50 million in education programs for its workers following the GOP-led tax cuts.
According to CNBC, the ‘House of Mouse’ will pay out one-time bonuses of $1,000 to over 125,000 American-based workers and will invest millions into adult education for full-time employees.
“We are directing approximately $125 million to our cast members and employees across the country and making higher education more accessible with the launch of this new program,” CEO Bob Iger said in a statement.
“Participants can pursue qualifying higher education or vocational training, including courses unrelated to their current responsibilities at Disney,” added the statement.
The bonuses will be paid out to any full-time employee who has been employed by Disney since the beginning of the year, and will be doled out in two-parts.
The Disney Corporation joins a growing list of American-based companies, such as Boeing, Visa, Walmart, American Airlines, AT&T, and others, paying out increased wages and big bonuses following the GOP-led tax cuts.
Leading Democrats -particularly House Minority Leader Nancy Pelosi- have been highly critical of the tax overhaul, claiming large corporations were simply dishing out “pathetic crumbs” to their employees.