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

DreamfinderGuy

Well-Known Member
Kinda disappointing that we got little Parks mention, and nothing for EPCOT. Actually, that's pretty concerning considering they highlighted it as a massive company undertaking before and have since mentioned it's been modified, sooo.... 😬
 

el_super

Well-Known Member
They said it was open. Nothing else.

She mentioned they were net positive as well... I thought?

No talk of layoffs today.

I mentioned this in another thread (I think?) but there are a lot of ways to cut labor costs without layoffs, including reducing hours for those who are not contractually guaranteed hours, and not replacing full time people who leave (retirement or otherwise). That combined with the elimination of the intern programs, the college program and the international programs would represent a significant chunk of WDW's front line labor.

Additionally... Disneyland's front line CMs are still mostly on furlough. They won't seriously consider layoffs at DLR until the park is reopened.
 

MurphyJoe

Well-Known Member
Mulan offered to Disney+ subscribers on Sept 4 for $29.99.

I've been expecting Disney to offer direct premium pay-per-view with D+ since it's announcement. With the way theatrical releases earn money (once theaters fully reopen) it wouldn't be surprising that after the first month or two in the theater, D+ will offer a PPP option on currently running movies. Why share the profit when you have your own streaming service?
 

Calmdownnow

Well-Known Member
That combined with the elimination of the intern programs, the college program and the international programs would represent a significant chunk of WDW's front line labor.
Excuse me for raising this - but in another thread, I did suggest that there was a morality issue in WDW advertising/promoting international program opportunities that applicants had to pay fees to apply for when there was next to no chance of the internship taking place.
 

pheneix

Well-Known Member
Original Poster
Here's the thing about Disney's parks in China: They're in trouble. It is political trouble and it is financial trouble every time the CCP gets involved.

I'm not shocked nothing was said about the parks today (Shanghai is open notwithstanding), but there will not be silence on this issue for much longer. Disney is in a *very* weak state and the people they ed off across the ocean are taking advantage of it. To say nothing of the drama the Trump government can make.

There are billions of Disney's dollars at risk in these assets. Real dollars. Not asset credits or write-downs for the earnings statement.
 

HauntedMansionFLA

Well-Known Member
Here's the thing about Disney's parks in China: They're in trouble. It is political trouble and it is financial trouble every time the CCP gets involved.

I'm not shocked nothing was said about the parks today (Shanghai is open notwithstanding), but there will not be silence on this issue for much longer. Disney is in a *very* weak state and the people they ****ed off across the ocean are taking advantage of it. To say nothing of the drama the Trump government can make.

There are billions of Disney's dollars at risk in these assets. Real dollars. Not asset credits or write-downs for the earnings statement.
Hey, where’s the new thread you were previewing last night??😉
 

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