Uncle Scrooge rules at Euro Disney: unions

19th December 2005, Comments 0 comments

PARIS, Dec 17 (AFP) - Staff at Euro Disney's troubled theme park east of Paris will go without their Christmas bonuses for the first time since the attraction opened in 1992 in a move branded an "affront" by several unions.

PARIS, Dec 17 (AFP) - Staff at Euro Disney's troubled theme park east of Paris will go without their Christmas bonuses for the first time since the attraction opened in 1992 in a move branded an "affront" by several unions.

Blaming poor results, management has cut the EUR 100 gross handout to between 7,000 and 7,500 employees, CFDT union delegate David Charpentier told AFP.

Three unions are circulating a petition which has already been signed by "several thousand workers to tell management of their indignation at this affront," according to a CFDT statement Saturday.

The petition will be presented to management on Monday.

"While for months Euro Disney staff have been subjected to a corporate and operational policy which is as unjust as it is inefficient, due to budgetary constraints, increasing understaffing and a range of pressures, the management of the company has now gone even further: it is cutting the modest end-of-year bonus of 100 euros except for management," the CFDT complains.

Euro Disney countered that it "never paid end-of-year bonuses".

"It is an 'exceptional bonus' which allows management not to pay welfare contributions linked to classic end-of-year bonuses," agrees Charpentier.

"But in fact, it's the first time since the opening of the park in 1992 that the staff will not get their end-of-year bonus."

According to his union, the company "intends to preserve the bonuses paid to management staff amounting to over EUR 3 million".

The management denies this, saying: "These 'bonuses' for managers are part of their salary package".

The park, which changed its name to the more popular Disneyland Paris in 1994, currently employs over 10,500 staff at the Marne-la-Vallée site.

In November operator Euro Disney announced a 35-percent cut in net losses for the previous nine-month period and said investors would have a better ride next year.

The debt-ridden group has had to restructure its finances twice since being launched in the early 1990s and completed a EUR 253.3 million capital increase in February to avert a risk of insolvency.

Copyright AFP

Subject: French news

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