asianway
Well-Known Member
It was just stirring up trouble
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News Bob Iger outlines the need to transform the Walt Disney Company resulting in 7000 job losses and $5.5 billion in cost savings
- Thread starter wdwmagic
- Start date
Read better.
Sure but it’s part of the conversation.
It will be studied long after we are gone how the seemingly unstoppable Disney self destructed.
It’s fascinating to get to watch in real time.
Andrew C
You know what's funny?
Disney's reputation is being negatively impacted by the dispute with Ron DeSantis according to new Axios Harris Poll
Disney's reputation is being negatively impacted by the dispute with Ron DeSantis according to new Axios Harris Poll
www.wdwmagic.com
TP2000
Well-Known Member
Look, I don't like to brag, but I placed fairly high in a Spelling Bee in elementary school. I'm talking Top 5, and there were a dozen other kids on that stage!
I read all the articles just fine last November about Disney's looming layoffs of Californians, in that 10 day period between Chapek's announcement on November 11th and his sudden ouster on November 21st.
Disney plans hiring freeze, layoffs and cost cuts, according to a memo from CEO Bob Chapek
"We are limiting headcount additions through a targeted hiring freeze," Disney CEO Bob Chapek said in a memo obtained by CNBC.
www.cnbc.com
Disney Layoffs 2022: What to Know About DIS Job Cuts, Hiring Freeze
In a leaked internal memo, Disney CEO Bob Chapek disclosed that the company would soon enact hiring freezes and layoffs.
investorplace.com
TP2000
Well-Known Member
I haven't seen those either. The job cuts the past two months seem to have been made mostly on the Burbank Studio lot, and at Disney's white collar campus in Glendale just south of the WDI campus. Plus some corporate jobs based out of New York City or Stamford, CT (ESPN).
This third round of 2,500+ layoffs that is happening this week might involve some WDI jobs. Or it might stay focused on the Studios campus in Burbank and/or the big marketing and merchandising teams in the other Glendale campus.
I'm sure if WDI lays off folks this week, the fan community will know within a day or two.
The US Labor Board still hasn't released a statement on layoffs, via a WARN Act notice of more than 100 Disney employees for the state of Florida, so whatever layoffs may have happened inside TDO and Celebration were less than 100 people.
The thousands of jobs being cut are mostly in Southern California at Disney's various sites and campuses in LA County, not Florida.
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Prove it.Look, I don't like to brag, but I placed fairly high in a Spelling Bee in elementary school. I'm talking Top 5, and there were a dozen other kids on that stage!
I read all the articles just fine last November about Disney's looming layoffs of Californians, in that 10 day period between Chapek's announcement on November 11th and his sudden ouster on November 21st.
Disney plans hiring freeze, layoffs and cost cuts, according to a memo from CEO Bob Chapek
"We are limiting headcount additions through a targeted hiring freeze," Disney CEO Bob Chapek said in a memo obtained by CNBC.Disney Layoffs 2022: What to Know About DIS Job Cuts, Hiring Freeze
In a leaked internal memo, Disney CEO Bob Chapek disclosed that the company would soon enact hiring freezes and layoffs.
Spell: Gobbledygook
TeriofTerror
Well-Known Member
Can you use it in a sentence, please?
Bob Iger’s brain is composed of gobbledygook
TP2000
Well-Known Member
I'm now laughing at myself because I had forgotten that childhood memory until I was accused of not having good reading comprehension when multiple national news outlets used the word "layoffs" in headlines about Disney last November.
I'm pretty sure I was Top 5 on that spelling bee stage. Top 4 even, perhaps.
It's a shame my dear, sweet, sainted mother is no longer here. I could call her and ask "Mom, remember that spelling bee I was in? Was I in 4th or 5th place?" and she'd instantly rattle off detailed facts from many decades ago... "You came in 4th, honey! You lost on 'obfuscation'. That snotty Judy Oleson won and thought she was so cute. Your Aunt Ingrid told me she's now been divorced twice and had to move to Tacoma!"
Serves that snotty Judy Oleson right.
CaptainAmerica
Well-Known Member
ESPN is in Bristol, Connecticut, not Stamford. Stamford is WWE and NBC Sports.
And there are hundreds, if not thousands of Disney employees on the Bristol campus who are not ESPN or at least not exclusively ESPN. Many of the Disney/ESPN distinctions went out the window three reorgs ago.
Rich Brownn
Well-Known Member
You kids, you....
CaptainAmerica
Well-Known Member
And Bristol.
Stupid Judy. Stupid obfuscation.I'm now laughing at myself because I had forgotten that childhood memory until I was accused of not having good reading comprehension when multiple national news outlets used the word "layoffs" in headlines about Disney last November.
I'm pretty sure I was Top 5 on that spelling bee stage. Top 4 even, perhaps.
It's a shame my dear, sweet, sainted mother is no longer here. I could call her and ask "Mom, remember that spelling bee I was in? Was I in 4th or 5th place?" and she'd instantly rattle off detailed facts from many decades ago... "You came in 4th, honey! You lost on 'obfuscation'. That snotty Judy Oleson won and thought she was so cute. Your Aunt Ingrid told me she's now been divorced twice and had to move to Tacoma!"
Serves that snotty Judy Oleson right.
TP2000
Well-Known Member
I'm sure there were at least some layoffs in Florida. But they number less than 100 people total in Florida.
If Disney had laid off more than 100 people in the state of Florida, across multiple sites or all at one site, Disney would have had to file a WARN Act notice with the Department of Labor for Florida. Disney has not filed a WARN Act notice for Florida layoffs in 2022 or 2023.
John park hopper
Well-Known Member
Reminds me of Bank of America they started buying up banks left and right stock price was flying--then they got too big and a few lawsuits did them in. Now Bank of America is a shell of it's glory days. Could Disney be going own the same road time will tell.
I'm getting ready to buy if it keeps heading in this direction.This can't be a fun week in Burbank. Thousands more being walked out, and the stock price is doing this throughout...
View attachment 718317
Disney's not going anywhere, so a chance to buy discounted $DIS is decent to me.
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