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

[Sirwalterraleigh]

But they complained online!

I wish I had nickel for everytime I’ve read someone “jokingly” say on forums “take my money!!”

…cause they never had any intention of NOT giving it. And the “rising tide” has lifted all boats

 

[MisterPenguin]

Who did Mickey love and kill to get the Pixar Stone?

Gachapeka.

 

[tanc]

Wonder how many of them are of retirement age hoping to get a pension.

 

[flynnibus]

The fact that they wrote off Captain America and Iron Man at the same time without having Spider-Man or Wolverine ready to go is DCEU levels of franchise mismanagement. Did they honestly think that Falcon and She-Hulk and Hulk's son (wut?) would be enough to carry the saga forward?

Like a football team... sometimes they have to let the top talent walk knowing you're going to develop new talent to replace them. That replacement may not be immediate, it may not even be the same level in the end... but it's a choice you often have to make and can't hide from forever.

They have a quiver of so many characters... they don't have to keep rehashing the same 3-4 forever. They made Iron Man into the popularity he is... they can do it with others too.

 

[CaptainAmerica]

Wonder how many of them are of retirement age hoping to get a pension.

Are you American?

Most Disney employees (depending on when they were hired and at what level) don't get a traditional pension. Some do, which is actually very rare for major American corporations.

Regardless, if someone is laid off, they don't lose their pension.

 

[Sirwalterraleigh]

Less morale?? I thought that pay raise was supposed to take care of that…higher pay does NIT necessarily equal higher morale…but you’re absolutely right

You mean a big, fat $18 an hour?

So $29-44K depending on “company needs”?

…living the dream.

I am happy for the frontlines…it’s a nice reprieve. But they’re just “less behind” now…not ahead

 

[Tom P.]

I wish I had nickel for everytime I’ve read someone “jokingly” say on forums “take my money!!”

…cause they never had any intention of NOT giving it. And the “rising tide” has lifted all boats

All I can tell you is that we looked at booking a trip this fall and decided against it. We're going elsewhere. A good part of that is because the cost is just so outrageous. I can take my family on two other vacations for what it would cost us to go to WDW. Now, I will also admit that part of our reasoning is for reasons I won't specify here but that the forum membership would pounce on and call me a bigot for and say I shouldn't care about. But, hey, I'm sure we're not the only ones acting based on such things either.

Regardless, though, the idea that everyone complains and no one will take their money elsewhere is, IMHO, false. There is a breaking point for everyone, whether it's because of cost, perceived quality, or some other reason. Disney may not have really felt it yet, but there IS a breaking point.

 

[CaptainAmerica]

Like a football team... sometimes they have to let the top talent walk knowing you're going to develop new talent to replace them. That replacement may not be immediate, it may not even be the same level in the end... but it's a choice you often have to make and can't hide from forever.

They have a quiver of so many characters... they don't have to keep rehashing the same 3-4 forever. They made Iron Man into the popularity he is... they can do it with others too.

It's not like a football team because there's no limit that says you can only have 11 players on the field at once. You don't need to choose between soon-to-retire veteran and up-and-coming young star. You put them both on the field at the same time.

 

[Tom P.]

You mean a big, fat $18 an hour?

So $29-44K depending on “company needs”?

…living the dream.

I am happy for the frontlines…it’s a nice reprieve. But they’re just “less behind” now…not ahead

How much do you think the average frontline cast member in the parks should be making?

 

[Sirwalterraleigh]

Being liked increases the Disney Brand which is a multiplier for so many other income sources.

Also, it allows the IP to continue to make money in the post-theatrical windows.

…lol…nobody cares about Iger anymore…

Camelot is empty.

But the memory of that 2017 trip to French quarter and $5,000 3 nighter on the fantasy in 2019 will…almost literally…last forever

 

[Sirwalterraleigh]

Wonder how many of them are of retirement age hoping to get a pension.

Are you American?

Most Disney employees (depending on when they were hired and at what level) don't get a traditional pension. Some do, which is actually very rare for major American corporations.

Regardless, if someone is laid off, they don't lose their pension.

…pretty sure that’s a France joke, genius

 

[Sirwalterraleigh]

How much do you think the average frontline cast member in the parks should be making?

However much it takes to keep customers COMING BACK to keep the Profit centers open and operating at maximum capacity…


…threw you a curve and actually told you the truth, didn’t I?

 

[CaptainAmerica]

However much it takes to keep customers COMING BACK to keep the Profit centers open and operating at maximum capacity…

Nobody is skipping a Disney vacation because the Cast Members are underpaid.

 

[Sirwalterraleigh]

Nobody is skipping a Disney vacation because the Cast Members are underpaid.

No…

But that’s not at all what I was getting at.

The entire fanbase and “company” should have learned a lesson about parks labor after these last 3 years. You don’t take it for granted or it screws everyone. Make big mistakes and everyone will pay big prices…forever

 

[Tom P.]

No…

But that’s not at all what I was getting at.

The entire fanbase and “company” should have learned a lesson about parks later these last 3 years. You don’t take it for granted or it screws everyone. Make big mistakes and everyone will pay big prices…forever

So what's a number you think is reasonable?

 

[Kamikaze]

I’m a minority on this, but I used to go twice a year for about a week at a time. I’ve been making other choices since last January and have no plans to return in the next year at least. We cancelled our trip in March because of the cost. It’s just not worth it anymore for us.

Yes, some people do put their money where their mouth is. But most don't. Value can only be determined by the person.

My only issue is those who say they won't go and then do.

 

[Willmark]

I said evil, not unequipped...

Here’s what I would do if the Evil Overlord (this is from pre-2000, dialup days on the internet!)

The Top 100 Things I’d Do If I Ever Became An Evil Overlord

This Evil Overlord List is Copyright 1996-1997 by Peter Anspach. If you enjoy it, feel free to pass it along or post it anywhere, provided that (1) it is not altered in any way, and (2) this copyri…

www.kataan.org

 

[Tha Realest]

There has only been one post-Covid Pixar film, Lightyear. It did fail big in the box office. However, the critical and audience ratings aren't bad at all.

The previous films to Lightyear have received very good critical and audience ratings. But they were released to D+ at the same to whatever theaters were open worldwide. So, it's impossible to judge their box office performance.




Since when is two a 'churn'? Lightyear I mentioned above. And Strange World did indeed do poorly at the box office and with critical and audience ratings. But before that was the immensely popular Encanto.

I said Pixar wasn't a "sure thing” any longer. The COVID-era numbers are closely held and only Disney knows whether they deliver value to the service. How many other streamers spent close to $200M per animated film for their services - Netflix, Amazon, Peacock, Paramount+ ? How have the markets reacted? All we do know is Lightyear bombed terribly, hence my statement that the studio is not the sure thing it once was.

 

[Sirwalterraleigh]

So what's a number you think is reasonable?

What’s reasonable for full time employment in the United States in 2023?

I don’t know what the number is…but that’s the answer

People who crap on CMs missed a couple of points consistently:
1. It’s full time…we’re an overworked county and to extend that to a second job overruns it.
2. These are adults with every costs that adults have. If they’re miserable at home - if does Disney no good. Just like anywhere else.

 

[Kamikaze]

I said Pixar wasn't a "sure thing” any longer. The COVID-era numbers are closely held and only Disney knows whether they deliver value to the service. How many other streamers spent close to $200M per animated film for their services - Netflix, Amazon, Peacock, Paramount+ ? How have the markets reacted? All we do know is Lightyear bombed terribly, hence my statement that the studio is not the sure thing it once was.

Its not only the COVID numbers. Disney releases next to nothing in terms of D+ viewership.