There are already a couple of threads listing some of the specifics, but I think it is time for a centralized thread with an overview of the current situation with regard to cutbacks.
Over the past few weeks we've been contacted by CMs throughout the parks and resorts with details of some of the cuts taking place through the parks and resorts - and it is taking place at all levels.
Despite record attendance and financial results, cuts are being ordered anywhere and everywhere - to levels last seen during the economic downturn of 2008.
Cuts will include reduction of operating hours - at all levels, from the parks themselves, down to the individual attractions, restaurants, and shops.
Numbers of CMs are being reduced wherever possible. Fewer cast will be at registers in shops, fewer cast will operate resort front desks, fewer cast will be handling bags at the resorts, and fewer cast will be running attractions.
Overtime is being suspended wherever possible, and when cast leave, they are not being replaced.
Things are just getting started now, and are thought to be continuing through to the summer. No word yet on how long they will be in place.
What's the reason for this when the company has record performance in Q1? Overseas parks. Specially Shanghai's cost over-runs, and continuing poor performance of Disneyland Paris - which has increased further with the terrorist attacks.
Over the past few weeks we've been contacted by CMs throughout the parks and resorts with details of some of the cuts taking place through the parks and resorts - and it is taking place at all levels.
Despite record attendance and financial results, cuts are being ordered anywhere and everywhere - to levels last seen during the economic downturn of 2008.
Cuts will include reduction of operating hours - at all levels, from the parks themselves, down to the individual attractions, restaurants, and shops.
Numbers of CMs are being reduced wherever possible. Fewer cast will be at registers in shops, fewer cast will operate resort front desks, fewer cast will be handling bags at the resorts, and fewer cast will be running attractions.
Overtime is being suspended wherever possible, and when cast leave, they are not being replaced.
Things are just getting started now, and are thought to be continuing through to the summer. No word yet on how long they will be in place.
What's the reason for this when the company has record performance in Q1? Overseas parks. Specially Shanghai's cost over-runs, and continuing poor performance of Disneyland Paris - which has increased further with the terrorist attacks.