News Bob Iger outlines the need to transform the Walt Disney Company resulting in 7000 job losses and $5.5 billion in cost savings

note2001

Well-Known Member
That person also is not going to stop a thief. They really are not even a deterrent for someone bent on stealing.
That's what I'm saying. They're not security. They're a mental note to anyone who may consider stealing that "hey, my cart will be checked". It's a mind game, and a silly one since the ones who do the most damage to the store inventory are out the door in a flash.

I preferred the elderly "greeters".
 

TP2000

Well-Known Member
This made me laugh out loud. How stupid do you have to be to sign your name to this a week after your company announced 7,000 layoffs and a month after your new (old) CEO announced he wants his employees back on site instead of working from home? 🤣

And they signed their names to it!?! Why not just put a giant sign on your empty cubicle that says "Fire Me First!"



Employees argued the policy change will lead to "forced resignations among some of our most hard-to-replace talent and vulnerable communities" while "dramatically reducing productivity, output, and efficiency."

"I think everyone has adjusted really well to the flexibility at Disney that was rolled out during the pandemic," one unnamed employee told The Washington Post. "For that to all go away suddenly was really scary for a lot of people."

It's "really scary" to go back to the cushy Burbank office to do your job? Are there zombies in the break room? Does the toner cartridge on the printer have flesh-eating ink in it? Does the 3rd floor conference room have a portal to hell behind the PowerPoint screen?
 
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Lilofan

Well-Known Member
This made me laugh out loud. How stupid do you have to be to sign your name to this a week after your company announced 7,000 layoffs and a month after your new (old) CEO announced he wants his employees back on site instead of working from home? 🤣

And they signed their names to it!?! Why not just put a giant sign on your empty cubicle that says "Fire Me First!"



Employees argued the policy change will lead to "forced resignations among some of our most hard-to-replace talent and vulnerable communities" while "dramatically reducing productivity, output, and efficiency."

"I think everyone has adjusted really well to the flexibility at Disney that was rolled out during the pandemic," one unnamed employee told The Washington Post. "For that to all go away suddenly was really scary for a lot of people."

It's "really scary" to go back to the cushy Burbank office to do your job? Are there zombies in the break room? Does the toner cartridge on the printer have flesh-eating ink in it? Does the 3rd floor conference room have a portal to hell behind the PowerPoint screen?
Don't want to follow CEO directive?- You're fired.
 

GimpYancIent

Well-Known Member
This made me laugh out loud. How stupid do you have to be to sign your name to this a week after your company announced 7,000 layoffs and a month after your new (old) CEO announced he wants his employees back on site instead of working from home? 🤣

And they signed their names to it!?! Why not just put a giant sign on your empty cubicle that says "Fire Me First!"



Employees argued the policy change will lead to "forced resignations among some of our most hard-to-replace talent and vulnerable communities" while "dramatically reducing productivity, output, and efficiency."

"I think everyone has adjusted really well to the flexibility at Disney that was rolled out during the pandemic," one unnamed employee told The Washington Post. "For that to all go away suddenly was really scary for a lot of people."

It's "really scary" to go back to the cushy Burbank office to do your job? Are there zombies in the break room? Does the toner cartridge on the printer have flesh-eating ink in it? Does the 3rd floor conference room have a portal to hell behind the PowerPoint screen?
The quoted number is "2,300", darn still falls short of the 7,000 goal. B.I. needs to double down.
 

Dranth

Well-Known Member
This made me laugh out loud. How stupid do you have to be to sign your name to this a week after your company announced 7,000 layoffs and a month after your new (old) CEO announced he wants his employees back on site instead of working from home? 🤣

And they signed their names to it!?! Why not just put a giant sign on your empty cubicle that says "Fire Me First!"



Employees argued the policy change will lead to "forced resignations among some of our most hard-to-replace talent and vulnerable communities" while "dramatically reducing productivity, output, and efficiency."

"I think everyone has adjusted really well to the flexibility at Disney that was rolled out during the pandemic," one unnamed employee told The Washington Post. "For that to all go away suddenly was really scary for a lot of people."

It's "really scary" to go back to the cushy Burbank office to do your job? Are there zombies in the break room? Does the toner cartridge on the printer have flesh-eating ink in it? Does the 3rd floor conference room have a portal to hell behind the PowerPoint screen?
They aren't wrong, it will lead to people resigning and likely in some harder to replace positions. That is what happens these days when you force people that are good at their job and are capable of doing it remotely to come into the office for no other reason than because you want to. There is zero difference between work from home and any other benefit, it is a way to entice and keep talent, get rid of it and expect employee churn and spending a load of time and money to replace and train some needed positions.

As for the last part, that is a bit reductive. I read the "really scary" as the idea that management would just flip flop so quickly, not that they are afraid of a cubicle.
 

TP2000

Well-Known Member
They aren't wrong, it will lead to people resigning and likely in some harder to replace positions. That is what happens these days when you force people that are good at their job and are capable of doing it remotely to come into the office for no other reason than because you want to. There is zero difference between work from home and any other benefit, it is a way to entice and keep talent, get rid of it and expect employee churn and spending a load of time and money to replace and train some needed positions.

As for the last part, that is a bit reductive. I read the "really scary" as the idea that management would just flip flop so quickly, not that they are afraid of a cubicle.

When the CEO of your company says he wants you back in your office at least four days a week, you go back to your office four days a week. If you don't want to be in your office four days per week, you look for another job that will let you work from home in your PJ's.

Two weeks after your CEO says he wants you back in your office four days per week, he announces that the company needs to cut $5.5 Billion from the budget and will be laying off 7,000 employees ASAP.

What you don't do is sign a petition complaining that you still don't want to go back to your office four days per week. :banghead:
 

Alanzo

Well-Known Member
When the CEO of your company says he wants you back in your office at least four days a week, you go back to your office four days a week. If you don't want to be in your office four days per week, you look for another job that will let you work from home in your PJ's.

That is likely what will happen. Why cheerlead this disruption to peoples' lives?

Edit: Yes this petition won't accomplish anything and putting your name out there is dumb, that I agree with you on. :)
 
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Lilofan

Well-Known Member
When the CEO of your company says he wants you back in your office at least four days a week, you go back to your office four days a week. If you don't want to be in your office four days per week, you look for another job that will let you work from home in your PJ's.

Two weeks after your CEO says he wants you back in your office four days per week, he announces that the company needs to cut $5.5 Billion from the budget and will be laying off 7,000 employees ASAP.

What you don't do is sign a petition complaining that you still don't want to go back to your office four days per week. :banghead:
The ones who signed the petition and do not want to follow Iger directive to report back to work are idiots and the 7K layoffs should start with all of them 2300 of them.
 

drnilescrane

Well-Known Member
The first reports of layoffs happening at Disney today are out there on LinkedIn if you want to find them. Funnily enough they've started with recruitment, and they are targeting project hires. 2 weeks notice.

It also looks like a significant amount of contractors and temporary workers (i.e. green badges) will be cut, under the guise of "technology procurement" costs (so not layoffs that count to the 7k number)

My guess Disney is going to do this in very small batches to avoid a silicon valley "lockout" style news cycle. My additional guess is people who negotiated permanent remote during the pandemic are especially vulnerable.
 

TP2000

Well-Known Member
That is likely what will happen. Why cheerlead this disruption to peoples' lives?

The mindset that would allow you to think you should sign a petition protesting your CEO's business strategy is worthy of poking fun of.

It's baffling, but at the same time quite humorous to watch play out. :D
 

Alanzo

Well-Known Member
The mindset that would allow you to think you should sign a petition protesting your CEO's business strategy is worthy of poking fun of.

It's baffling, but at the same time quite humorous to watch play out. :D

Agreed on the petition signing being dumb and pointless but I thought you were critiquing, in general, the concept of people not wanting to go back to the office to do a job they have proven capable of doing from home. My mistake.
 

note2001

Well-Known Member
The first reports of layoffs happening at Disney today are out there on LinkedIn if you want to find them. Funnily enough they've started with recruitment, and they are targeting project hires. 2 weeks notice.

It also looks like a significant amount of contractors and temporary workers (i.e. green badges) will be cut, under the guise of "technology procurement" costs (so not layoffs that count to the 7k number)

My guess Disney is going to do this in very small batches to avoid a silicon valley "lockout" style news cycle. My additional guess is people who negotiated permanent remote during the pandemic are especially vulnerable.
Cutting contractors is always the first move everywhere I've worked. Makes sense: they're easy to release and overpriced for what they bring.

Once they're gone the next step (1st round of layoffs) is to eliminate newest of hires. They're not up on the work enough to make a difference.

Next round comes the hard part: who can they let go and yet have the job covered by another person who either used to do it, or has the room to learn and take on the duties? Often they'll just throw darts, weighted acording to how many people in each dept should be cut.
 
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MagicHappens1971

Well-Known Member
I don’t know if this has been discussed elsewhere, but I remember in maybe the last earning call Genie+/LL being slightly mentioned when it came to guest spending… however, this is bringing in millions in revenue that had previously not existed. Where is that money going? Obviously not saying that like more money in means more money spent, I just feel as though, Disney seems to just be sweeping it under “increased guest spending”
 

Lilofan

Well-Known Member
Cutting contractors first is always the first move everywhere I've worked. Makes sense: they're easy to release and way overpriced for what they bring.

Once they're gone the next step (1st round of layoffs) is to eliminate newest of hires. They're not up on the work enough to make a difference.

Next round comes the hard part: who can they let go and yet have the job covered by another person who either used to do it, or has the room to learn and take on the duties? Often they'll just throw darts, weighted acording to how many people in each dept should be cut.
In my last company the last group to be laid off was parts of the HR team. The HR team was handling all the terminations when each staff member laid off was called into HR . Then parts of the HR staff were laid off by their bosses a few weeks later. One day during the layoffs an ambulance was standing by outside because one of the staff laid off that day was several months pregnant . Fortunately those medical services were not needed when she lost her job.
 

Dranth

Well-Known Member
When the CEO of your company says he wants you back in your office at least four days a week, you go back to your office four days a week. If you don't want to be in your office four days per week, you look for another job that will let you work from home in your PJ's.

Two weeks after your CEO says he wants you back in your office four days per week, he announces that the company needs to cut $5.5 Billion from the budget and will be laying off 7,000 employees ASAP.

What you don't do is sign a petition complaining that you still don't want to go back to your office four days per week. :banghead:
See, I disagree. When the CEO says he wants you back in the office 4 days a week and you don't want to you don't just quit your job immediately, you try to work with the company to get a resolution that works for you. If that doesn't work, then you find a new one.

As for signing the petition after they announced layoffs, I would. You may think it is stupid but I think living work scared is a miserable way to live. I'd rather try to get what I want where I am and if not, then move on. There are always other jobs.

That being said, I don't begrudge anyone who is in a desperate enough place that they just can't risk saying anything but I am willing to bet most people who signed it are aware that they may have put a target on their back and did it anyway because it is important enough to them.
 

Lilofan

Well-Known Member
See, I disagree. When the CEO says he wants you back in the office 4 days a week and you don't want to you don't just quit your job immediately, you try to work with the company to get a resolution that works for you. If that doesn't work, then you find a new one.

As for signing the petition after they announced layoffs, I would. You may think it is stupid but I think living work scared is a miserable way to live. I'd rather try to get what I want where I am and if not, then move on. There are always other jobs.

That being said, I don't begrudge anyone who is in a desperate enough place that they just can't risk saying anything but I am willing to bet most people who signed it are aware that they may have put a target on their back and did it anyway because it is important enough to them.
So what the post says is one who is unhappy to directly follow the direction of the CEO is looking to circumvent the system to get an exception. Got it. That person will be one of the first to be fired for refusal to follow a senior directive.
 

CaptainAmerica

Premium Member
I don’t know if this has been discussed elsewhere, but I remember in maybe the last earning call Genie+/LL being slightly mentioned when it came to guest spending… however, this is bringing in millions in revenue that had previously not existed. Where is that money going? Obviously not saying that like more money in means more money spent, I just feel as though, Disney seems to just be sweeping it under “increased guest spending”
Volumes and per-capita guest spending both contributed to year-over-year increases. Volumes were the larger factor. They specifically mentioned more cruise passengers as well as theme park guests. Per-capita guest spending includes Genie+ and other price increases.
 

CaptainAmerica

Premium Member
See, I disagree. When the CEO says he wants you back in the office 4 days a week and you don't want to you don't just quit your job immediately, you try to work with the company to get a resolution that works for you. If that doesn't work, then you find a new one.

As for signing the petition after they announced layoffs, I would. You may think it is stupid but I think living work scared is a miserable way to live. I'd rather try to get what I want where I am and if not, then move on. There are always other jobs.

That being said, I don't begrudge anyone who is in a desperate enough place that they just can't risk saying anything but I am willing to bet most people who signed it are aware that they may have put a target on their back and did it anyway because it is important enough to them.
If you want to work from home to take care of your kids, then you're not WORKING from home. You're taking-care-of-your-kids from home.

I have a lot of sympathy for people who were hired as remote workers and are now being called into the office. I have zero sympathy for people who were always expected to be in the office prior to COVID, because they accepted their jobs with the full understanding of the expectations.
 

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