On layoffs, very bad attendance, and Iger's legacy being one of disgrace

MisterPenguin

President of Animal Kingdom
Premium Member
When was Iger supposed to retire originally? 2016? Bet he’ll wish he did after all this. He won’t be able to avoid the negative stigma Eisner had on the back end of his legacy.

His new term which he stepped down up into is Executive Chair of the Board, which goes to December of 2021.

So, if one beats the drum that Iger is on the way out, one will be correct in about 17 months from now.
 

Brer Oswald

Well-Known Member
His new term which he stepped down up into is Executive Chair of the Board, which goes to December of 2021.

So, if one beats the drum that Iger is on the way out, one will be correct in about 17 months from now.
No I mean when he originally intended to step down. Initially it was before SWGE was to open. Then postponed till it opened. Then postponed after that.

I think he was content with leaving a legacy with the Marvel and Star Wars acquisitions. But the investors wanted him to stay. He did. His ego was stroked. Got them to purchase Fox. He keeps spending, and now the investors want him out?

If true, the saying “you either die a hero or live long enough to become to villain” seems to be appropriate for his legacy. And for a man who cares so much about legacy, this is going to be interesting to observe. We’ll see.
 

Askimosita

Well-Known Member
In the Parks
Yes
Do you think theme parks regret opening up when they did? It seems to have just put them into a deeper hole than when they were closed.


According to the earnings call for Universal, they are worse in attendance from last summer (not a surprise) but that they are doing better financially than if they were to have stayed closed. TWDC has their earnings on Aug 4, so we will see!
 

TheDisneyDaysOfOurLives

Well-Known Member
In the Parks
Yes


Sad, but not surprising. I wonder if any leaders are regretting their decision to not furlough back in March and keeping everyone on. It was admirable, but those employees could've received unemployment+ at the time (state unemployment + $600/week) and now would've had some job security as opposed to being laid off after the extra benefits have vanished. Seems like a lose/lose for those employees.
 

RSoxNo1

Well-Known Member
On how much the NBA is subsidizing WDW ops, the bill Disney is presenting is about $1.5 million a day. That's...... not a lot of money.


It could be argued that Bob Iger is using company resources to broker money losing deals with the NBA. The bet is Disney will make the losses back in TV ad revenue. The odds on that much cash coming in..... not good. Won't be the first time Disney lost a bunch of money on the NBA in Orlando.

For certain: Bob Iger's "friendship" with Adam Silver will continue to be cultivated.
$1.5 mil a day is peanuts compared to what the resort typically brings in. For perspective, if EPCOT only received gate admissions for their attendance (using a 1 day ticket price) and no other revenue they'd get $3.5 million a day from that alone. I'm guessing the average Disney guests probably gives Disney $200-300 a day when you consider hotel, food, merch and ticket sales.
 

TheDisneyDaysOfOurLives

Well-Known Member
In the Parks
Yes
$1.5 mil a day is peanuts compared to what the resort typically brings in. For perspective, if EPCOT only received gate admissions for their attendance (using a 1 day ticket price) and no other revenue they'd get $3.5 million a day from that alone. I'm guessing the average Disney guests probably gives Disney $200-300 a day when you consider hotel, food, merch and ticket sales.

I imagine staffing for the NBA's $1.5 million/day is significantly less than the staffing needed for EPCOT and the $3.5 million in revenue.
 

TheDisneyDaysOfOurLives

Well-Known Member
In the Parks
Yes
Dr Phillips :p

Then there's also Paloma in Windermere proper, which is above average, but still has room for improvement.

Are we calling that Dr. Phillips :P

I don't think the people who live in Dr. Phillips would agree with you. Is Universal in Dr. Phillips?

I think it's more accurate to call it Metrowest, but not really even. I think that's just in no man's land.

Paloma is definitely Windermere, though I've never been there though have passed by it a few thousand times.
 

flynnibus

Premium Member
Sad, but not surprising. I wonder if any leaders are regretting their decision to not furlough back in March and keeping everyone on. It was admirable, but those employees could've received unemployment+ at the time (state unemployment + $600/week) and now would've had some job security as opposed to being laid off after the extra benefits have vanished. Seems like a lose/lose for those employees.

Indifferent.

The problem is they are facing a market of a NEW size for the forseeable future. The old company size doesn't make sense. Layoffs are unavoidable - You don't need pre-Covid sized operation for the market they are in now.
 
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TheDisneyDaysOfOurLives

Well-Known Member
In the Parks
Yes
Indifferent.

The problem is they are facing a market of a NEW size for the forseeable future. The old company size doesn't make sense. Layoffs are unavailable - You don't need pre-Covid sized operation for the market they are in now.

True. I imagine the employees are the ones regretting the decision made by leadership actually.

Did you mean layoffs are unavoidable? I agree. We're talking staffing levels that haven't been seen since pre-Harry Potter when IOA was lucky to get a few thousand through the gates on some days.

For the record, if IOA and USF is getting sub-10K, I wonder how many hundreds LEGOLAND Florida is getting. I've been there on days when they only had a few hundred people. Absolute ghost town, but easy to get on everything.
 

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