Disney cuts stock compensation for some tech employees

5 articles · Updated · Business Insider · Apr 30

The cap on long-term incentive awards for affected US and Canada technology staff falls to 25% of base salary from 35%, according to two software engineers.
Managers said the change applies across technology teams, is unrelated to performance or office status, and does not affect stock awards already granted.
The move follows Disney layoffs in mid-April and comes as tech companies cut costs amid AI-driven upheaval, while Disney shares remain down more than 44% over five years.

Is AI a genuine reason for tech pay cuts, or a convenient excuse for corporate belt-tightening?

With Disney cutting stock awards, is the golden era of lucrative tech compensation officially over?