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

[CaptainAmerica]

You’re still acting as though someone walks out their front door and says “hmmm...where am I gonna go to work today by choice?i have so many options available to me!!” Thats a nice concept in a vaccuum.

I was responding to a post that literally showed fast food companies who can't fully staff even at $16/hr.

 

[ImperfectPixie]

I was responding to a post that literally showed fast food companies who can't fully staff even at $16/hr.

There are some young people who think they're above working at a fast-food joint even though they aren't even out of high school and/or have zero experience.

 

[ImperfectPixie]

I was responding to a post that literally showed fast food companies who can't fully staff even at $16/hr.

Should have added that those young people need a reality slap.

 

[Sirwalterraleigh]

I was responding to a post that literally showed fast food companies who can't fully staff even at $16/hr.

Ok...but I’m just saying that it’s not as simple for lower paying jobs as “choice”.

It could be simply what’s on a bus line...or if you can work off hours for your kids...and none of those things are ideal.

 

[Sirwalterraleigh]

There are some young people who think they're above working at a fast-food joint even though they aren't even out of high school and/or have zero experience.

Well that’s “generational drift”...and it’s an issue too.

 

[_caleb]

I can agree with that...but...a well-treated employee also knows that they are appreciated, and will generally go the extra mile for their employer, should the need arise.

Yes. And the best, most tangible way to show an employee that they are appreciated? Wages that cover basic living expenses.

After that, there’s also flexible scheduling, benefits, empowerment to make decisions, resources needed for personal safety, and general encouragement. As an employer, how many of these is Disney known for?

 

[Sirwalterraleigh]

But haven’t well all benefitted from the growth of the stock market?

That’s what they tell us on the tv..

...but the sad reality is “we”
Is a smallish group in your statement. A meager 401K?...yes.

But real tangible financial growth?...meh...not so much.

 

[ImperfectPixie]

Yes. And the best, most tangible way to show an employee that they are appreciated? Wages that cover basic living expenses.

After that, there’s also flexible scheduling, benefits, empowerment to make decisions, resources needed for personal safety, and general encouragement. As an employer, how many of these is Disney known for?

Basically none. And that's why I hate big corporate America. There's no need to treat employees like they're disposable.

 

[Sirwalterraleigh]

Yes. And the best, most tangible way to show an employee that they are appreciated? Wages that cover basic living expenses.

After that, there’s also flexible scheduling, benefits, empowerment to make decisions, resources needed for personal safety, and general encouragement. As an employer, how many of these is Disney known for?

Agree...

And if I could add - the promise of more. As in a reasonable reward of loyalty with advancement in under 14 years...or a consistent raise schedule.

You know who does well with the latter and it generally shows? Trader Joe’s. You can just work and make consistent raises...they have good medical...and at least used to have a no-match 10% retirement contribution plan.

Not shangri-la...but it works better in practice.

 

[hopemax]

If you want to pay 30% more for your entrance tickets, by all means, encourage Disney to pay 30% more than the minimum wage for street sweepers, ticket-takers, lanyard-yankers, food-sliders, merchandise sellers and button-pushers.

If the market could bear a 30% price increase, why aren’t they charging those prices right now? Isn’t that what they are supposed to be doing? No charity of that magnitude to consumers simply because they are paying labor less.

 

[Sirwalterraleigh]

Basically none. And that's why I hate big corporate America. There's no need to treat employees like they're disposable.

They used to be closer to being known for these things...for decades. Michael axed That in the early 90’s...frank Wells not blameless either. And Roy E was the “Don”’of the board at that time.

No clean hands in big business.

 

[ImperfectPixie]

They used to be closer to being known for these things...for decades. Michael axed That in the early 90’s...frank Wells not blameless either. And Roy E was the “Don”’of the board at that time.

No clean hands in big business.

Agreed. And Wall Street keeps demanding more.

 

[Sirwalterraleigh]

If you want to pay 30% more for your entrance tickets, by all means, encourage Disney to pay 30% more than the minimum wage for street sweepers, ticket-takers, lanyard-yankers, food-sliders, merchandise sellers and button-pushers.

You’re a bright boy...I think you made a red herring argument that’s common. That doesn’t have to be a 1:1 correlation. Good management can increase wages and reap benefits longterm that doesn’t make it such direct arithmetic

 

[Lilofan]

Agreed. And Wall Street keeps demanding more.

Reminds me of some execs I reported to year after year.

 

[Miss Bella]

The downside is I’m well paid for it ☹

...is this the part where I apologize for working mostly independently and not having any batteries for my time clock??

(But it’s 2:23 and I am still working...nothing good on Netflix)

No need to apologize. I might be jealous though.

 

[The Mom]

Is it Groundhog Day?

 

[brianstl]

Thank you. I know it’s instinctive...but to think that the prices we pay on vacation really have much of anything to do with the employees is not accurate to disney.

Not like the busers are getting a cut of the $38 they charge a 4 year old to eat breakfast at crystal palace...
...I wish I was joking about that price.

It is not accurate with the price we pay on almost everything. What enough people are willing to pay on the open market is the price we pay. Now the cost of labor can impact if product is viable anymore or lead to finding cheaper ways to deliver the product to avoid the labor cost, but it doesn't impact what we actually pay for the product.

 

[Horizons '83]

Is it Groundhog Day?

Yes. I often wonder if the sun set the previous day

 

[Sirwalterraleigh]

Is it Groundhog Day?

I’m not usually sitting in a tropical storm in Jersey...but I have a feeling that will increase in frequency over time...

Does that count?

 

[BurnyMcBurnerface]

...not “novice” sentence structure in these posts...

So because I can write well, I’m the boogeyman. You all are trained well.

In hindsight, the Fox merger was a catastrophic mistake - Iger should without a doubt be holding the bag on that. But pinning thousands of job losses in Florida to him when there’s not a single hospitality business around that hasn’t cut staff by 50-80% ... who’s really holding the axe here.