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

[TrainsOfDisney]

Another Disney fan site to be unnamed, advised some unions have been advised by the company that union cast layoffs in certain areas will start November 1.

“Disney is a business” and all that. Everything is fine. Nothing to see here. Move along now... umm look a Churro stand just reopened over there!

 

[GimpYancIent]

“Disney is a business” and all that. Everything is fine. Nothing to see here. Move along now... umm look a Churro stand just reopened over there!

Ahh there is a shift in the force!

 

[MisterPenguin]

Wait. I thought this was all going to happen on October 1st, the first day of the fiscal year?/!??

 

[Rteetz]

Wait. I thought this was all going to happen on October 1st, the first day of the fiscal year?/!??

Today is the first day of the new fiscal year. Fiscal 2020 was a few days longer due to the calendar/leap year.

 

[MisterPenguin]

Today is the first day of the new fiscal year. Fiscal 2020 was a few days longer due to the calendar/leap year.

(it was commentary that many got the fiscal year date wrong and thought the full force of the layoffs were all going to happen on one day so that Disney's new fiscal year would be 'clean' of those employees As it is, a lot of the layoffs don't take place until one-third to two-thirds of the way through the new first quarter.)

 

[Parker in NYC]

“Disney is a business” and all that. Everything is fine. Nothing to see here. Move along now... umm look a Churro stand just reopened over there!

I'd post a gif of Orson Welles applauding but I'll just talk about it. Orson Welles rises to his feet for a standing ovation.

 

[Jrb1979]

(it was commentary that many got the fiscal year date wrong and thought the full force of the layoffs were all going to happen on one day so that Disney's new fiscal year would be 'clean' of those employees As it is, a lot of the layoffs don't take place until one-third to two-thirds of the way through the new first quarter.)

Why does it matter that much they got the date wrong? They were right in the layoffs.

 

[Parker in NYC]

Your point?

None, just theatrical.

 

[flynnibus]

Why does it matter that much they got the date wrong? They were right in the layoffs.

A broken clock is right twice a day too...

 

[britain]

My "Disney RSS feed" (bless you, Alain, wherever you are) shows these interestingly-named articles were posted on that other Disney site. But now those links go to "This page does not exist".

Did anybody nab these while they were up?

 

[DCBaker]

My "Disney RSS feed" (bless you, Alain, wherever you are) shows these interestingly-named articles were posted on that other Disney site. But now those links go to "This page does not exist".

View attachment 503265

Did anybody nab these while they were up?

They were taken from here -

https://www.ethanreed.net/

 

[britain]

They were taken from here -

https://www.ethanreed.net/

Thanks! Talented guy!

 

[Homemade Imagineering]

Thanks! Talented guy!

Agreed! I discovered his Instagram last month, and he has some truly spectacular artwork on his page! He's also a huge Figment and Journey into Imagination fan! I was sad to hear he was laid off around a week ago. Hopefully he'll be able to come back to WDI in the future.

 

[thomas998]

Wait. I thought this was all going to happen on October 1st, the first day of the fiscal year?/!??

Some union contracts will require a certain amount of notice before the elimination of jobs is allowed. I've had relatives that worked in union shops and when the company was going to eliminate jobs they always had at least 30 days notice before the jobs went away, in one of the shops it was a complicated process where the management would say we need to eliminate 100 jobs in such and such department, and then the union would go through some process where seniority was used to see if those 100 that were going to be eliminated had enough years above other employees to bump the other employ out the door and take over their spot... I have no clue if Disney's unions are doing that but it wouldn't surprise me.

 

[the.dreamfinder]

The vultures are circling.

Activist Investor Dan Loeb Calls on Disney to Halt Dividend and “Double” Streaming Budget

The Third Point founder sent a letter to Disney's board Wednesday arguing that the move would help Disney capture a "transformational opportunity."

www.hollywoodreporter.com

Loeb's Third Point has been buying shares in Disney over the past few months. As of June 30, the company owned some 5.5 million shares in the entertainment giant, valued at more than $600 million.

 

[Minnesota disney fan]

Hey Guys!

Isn't this a layoff, Iger, and bad attendance thread????? Just asking? Let's all get together and sing,Kumbaya!

 

[The Mom]

I'm not sure how this thread went from the original topic to whether the food is better in Belgium versus Amsterdam, but please try to stay on topic. Thank you.

 

[Riverrafter21]

So, after the layoffs due to very bad attendance would Iger want a legacy of eating abroad in Amsterdam or Belgium?

 

[Minnesota disney fan]

So, after the layoffs due to bad attendance would Iger want a legacy of eating abroad in Amsterdam or Belgium?

Only while singing " Kumbaya",

 

[_caleb]

This is just another "Insider" doom and gloom thread that turned out to be obvious conclusions, wild guesses, uninformed speculation, and "Influencer" spin.