Disneyland Paris workers demand $30 million in pay talks

Workers at Disneyland Paris have initiated pay negotiations, demanding a benefits package exceeding $30 million. These discussions began earlier this month and could impact the theme park's financial performance, which reported a $193.3 million operating profit on $2.7 billion in revenue last year. The CFDT union is advocating for a 6% pay rise, while the UNSA union has proposed a general increase of 200 Euros net for all employees, significantly higher than previous demands. The backdrop of these negotiations includes a decline in attendance and revenue growth at Disney's domestic parks, which has raised concerns about the financial sustainability of Disneyland Paris. The park accounted for nearly half of Disney's international parks revenue and 17.5% of its operating profit last year, making the outcome of these negotiations critical for the company's overall performance. The political climate in France has also contributed to the uncertainty surrounding these talks, with a deadlock in the National Assembly following snap elections. This has led to a decrease in tourist spending, as indicated by a survey of hospitality professionals, further complicating the situation for Disneyland Paris workers. Despite the lack of immediate pressure from strikes or inflation, the workers are facing an uncertain future as they approach the final day of negotiations. The outcome remains unpredictable, and while they have made significant demands, the management's response will ultimately determine the workers' fate.