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

[Animaniac93-98]

Yeah, one Yoshi carousel and a kiosk with 2-3 Switches.

Chester and Hester's Nintendo-RAMA

"It's about Man's relationship with mushrooms...and Yoshi is a dinosaur" - Joe

 

[TheDisneyDaysOfOurLives]

I'd consider metrowest the area North of Conroy Rd and East of Apopka Vineland. Dr. Phillips is south of Conroy Road, Turkey Lake Rd. to Apopka Vineland down to just north of Lake Buena Vista.

Yeah, I think you have it right on the money. Not sure what you call the area where UO is really. Millenia kind of backs into it so possibly that encompasses UO but once again, not really

 

[coasterphil]

FYI, layoffs have commenced at WD P&R.

I’m not able to disclose more at this time. But anyone with peeps at Team Disney can find out what’s up.

They’ll have plenty of company. Epic Universe on pause and more layoffs announced today. The bloodletting is just starting.

www.orlandosentinel.com/business/tourism/os-bz-universal-layoffs-20200731-spkrzufc2fc3bpdbbyusgi3lxm-story.html%3foutputType=amp

 

[TheDisneyDaysOfOurLives]

Wonder if this will lead to some long term closures of some of the resorts (i.e a couple of years). If they do what makes sense and consolidate their operations then they have no business maintaining 25 resorts when they'd struggle to fill 5.

It should (and in a way, there's quite a few that haven't reopen yet). And take the time to figure out a refurb schedule for the resorts because you still have to spend money to maintain them so you might as well do it right so they're ready to sparkle when guests come back.

 

[Disorbust]

So at what level are the WD P&R layoffs?

 

[Brer Panther]

Bob Iger really is basically just Michael Eisner 2.0, isn't he?

 

[flynnibus]

If Covid didn't happen, I believe there still would have been a softening of international travel specifically in response to the protests... and possibly a very rapid pull back in some segments of domestic and business travel as well.

I would have taken riots and shutdowns at the airports for this kind of unrest to cause any noticeable dip at WDW.

WDW won't let that stuff get anywhere near the parks.. and everyone sees WDW as a get away from reality. Only if they had to run through firey road blocks or through violent protests in baggage claim would that happen. And you know a tourism city like Orlando wouldn't let the heart of their economy be challenged by people trying to disrupt tourists.

 

[Animaniac93-98]

Bob Iger really is basically just Michael Eisner 2.0, isn't he?

Bob was never as good as Eisner when Wells was alive IMO.

 

[flynnibus]

Remember when so many posters were drooling over Touring Plans view of what crowds would look like when the parks reopened.. making references to absolutely bonkers past data points like hurricanes? lol

And how people were filling pages of threads of just how they couldn't wait to get back into the parks.. and it was a daily thing about what day they could reschedule for??

Yeah... suckkers... This kind of massive correction was on the board as soon as governments started closing borders and commercial activity. This was going to happen even with a short shutdown.. and now with the future so uncertain, and borders shutdown effectively indefinitely at this point... All of this was like predicting the sunrise.

The one surprising thing out of this shutdown is just how strong luxury good sales continue to be. Economic uncertainty hasn't hit all job types equally.... Try going out and buying things like hot tubs, home entertainment stuff, etc... inventory is drained everywhere.

 

[asianway]

I would have taken riots and shutdowns at the airports for this kind of unrest to cause any noticeable dip at WDW.

WDW won't let that stuff get anywhere near the parks.. and everyone sees WDW as a get away from reality. Only if they had to run through firey road blocks or through violent protests in baggage claim would that happen. And you know a tourism city like Orlando wouldn't let the heart of their economy be challenged by people trying to disrupt tourists.

Mina did a great job

 

[PhotoDave219]

Remember when so many posters were drooling over Touring Plans view of what crowds would look like when the parks reopened.. making references to absolutely bonkers past data points like hurricanes? lol

And how people were filling pages of threads of just how they couldn't wait to get back into the parks.. and it was a daily thing about what day they could reschedule for??

Yeah... suckkers... This kind of massive correction was on the board as soon as governments started closing borders and commercial activity. This was going to happen even with a short shutdown.. and now with the future so uncertain, and borders shutdown effectively indefinitely at this point... All of this was like predicting the sunrise.

The one surprising thing out of this shutdown is just how strong luxury good sales continue to be. Economic uncertainty hasn't hit all job types equally.... Try going out and buying things like hot tubs, home entertainment stuff, etc... inventory is drained everywhere.

Clearly these people didn't pay any attention to the Post 9/11 Crowds of 2002-2005.

Things will not even begin to return to some sense of normal until this public health emergency ends.

 

[UNCgolf]

The one surprising thing out of this shutdown is just how strong luxury good sales continue to be. Economic uncertainty hasn't hit all job types equally.... Try going out and buying things like hot tubs, home entertainment stuff, etc... inventory is drained everywhere.

It's not just luxury goods -- home appliances are also almost impossible to get. I know someone who hasn't had a dishwasher for almost 3 months. Ordered it immediately after theirs broke and it won't be shipped until August.

 

[flynnibus]

Clearly these people didn't pay any attention to the Post 9/11 Crowds of 2002-2005.

Things will not even begin to return to some sense of normal until this public health emergency ends.

Was saying back then this situation would even dwarf the post 9/11 situation. Government has dumped trillions in to try to stop that... but it's only slowing things a bit. Now we have what will likely be a contested election coming up and that's going to throw the markets back in another tizzy.

There has certainly been some crazy stand outs in this period (like how quickly markets bounced up - allowing people to make CRAZY money in the market)... luxury spending... and some others. But the fundamentals are just wacked. I can't wait til the analyst call and see what the markets *actually* do with what should be an abysmal outlook.

 

[Animaniac93-98]

Clearly these people didn't pay any attention to the Post 9/11 Crowds of 2002-2005.

Just thinking about this now; how many within the fan community even went pre-2005?

It's now 2020. We have a whole generation of post-social media Disney fans who only first went within the last 10, maybe 15 years.

We used to talk about how many fans didn't know what Disney was like in the 90s. Now the early 2000s are ancient history to some.

 

[Disorbust]

Remember when so many posters were drooling over Touring Plans view of what crowds would look like when the parks reopened.. making references to absolutely bonkers past data points like hurricanes? lol

And how people were filling pages of threads of just how they couldn't wait to get back into the parks.. and it was a daily thing about what day they could reschedule for??

Yeah... suckkers... This kind of massive correction was on the board as soon as governments started closing borders and commercial activity. This was going to happen even with a short shutdown.. and now with the future so uncertain, and borders shutdown effectively indefinitely at this point... All of this was like predicting the sunrise.

The one surprising thing out of this shutdown is just how strong luxury good sales continue to be. Economic uncertainty hasn't hit all job types equally.... Try going out and buying things like hot tubs, home entertainment stuff, etc... inventory is drained everywhere.

Someone once posted here that US was heading towards at LAtin America economy where 10% have means and the rest are just poor ending the middle class. This pandemic may just be that nail in the coffin. The housing market keeps going because poor people were never going to be able to buy a house anyway. Luxury goods keep selling because most of their buyers aren't in the areas of the economy that are losing their jobs.

 

[flynnibus]

It's not just luxury goods -- home appliances are also almost impossible to get. I know someone who hasn't had a dishwasher for almost 3 months. Ordered it immediately after theirs broke and it won't be shipped until August.

Yeah, but I'm sure alot of that is the lack of inventory in the supply chain. Plant shutdowns, slowdowns, etc. Things like appliances people 'need' so while they slow down, they don't go cold turkey (like say... a vegas vacation). But big big dollar items.. like pools, etc - people don't need, they could easily put off. Yet, those industries are going bonkers. It's pretty wild.

 

[Brer Oswald]

Just thinking about this now; how many within the fan community even went pre-2005?

It's now 2020. We have a whole generation of post-social media Disney fans who only first went within the last 10, maybe 15 years.

We used to talk about how many fans didn't know what Disney was like in the 90s. Now the early 2000s are ancient history to some.

I went twice before 2005. I was very young, but I do have fond memories of those trips.

 

[Animaniac93-98]

It's not just luxury goods -- home appliances are also almost impossible to get. I know someone who hasn't had a dishwasher for almost 3 months. Ordered it immediately after theirs broke and it won't be shipped until August.

Nintendo Switches have been sold out, or in limited supply, for months. Home gym equipment is also hard to get.

Anything to keep people busy at home was snatched up months ago and there's still a drain in some products.

 

[UNCgolf]

Yeah, but I'm sure alot of that is the lack of inventory in the supply chain. Plant shutdowns, slowdowns, etc. Things like appliances people 'need' so while they slow down, they don't go cold turkey (like say... a vegas vacation). But big big dollar items.. like pools, etc - people don't need, they could easily put off. Yet, those industries are going bonkers. It's pretty wild.

Yeah, it's definitely the supply chain with home appliances.

I would think there are supply chain difficulties with stuff like home entertainment systems too, although obviously no one needs one of those the way they would need something like a refrigerator.

 

[Animaniac93-98]

But big big dollar items.. like pools, etc - people don't need, they could easily put off. Yet, those industries are going bonkers. It's pretty wild.

People were and are stuck at home. They splurged (wisely or not) on something to do to distract them from all this.