125,000 Disney employees to receive $1,000 cash bonus

Disney announced Tuesday it will pay over 125,000 employees a one-time cash bonus of $1,000, All full-time and part-time non-executive employees who have been with the company since Jan. 1 will be eligible for the money and will receive it in two installments, in March and September.

Disney has also pledged a $50 million investment into a college tuition program, which will help hourly employees pay their tuition, starting in the fall semester. The company will top up their initial investment annually, paying up to $25 million. Nearly 88,000 Disney employees are reportedly eligible for the program.

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