Nubs70
Well-Known Member
What do you do when you understand that the path of change is not correct?
Do you embrace the incorrect and proceed?
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News Bob Iger outlines the need to transform the Walt Disney Company resulting in 7000 job losses and $5.5 billion in cost savings
- Thread starter wdwmagic
- Start date
Do you embrace the incorrect and proceed?
eddie104
Well-Known Member
Well that’s the side effect of the position they are currently in the market. Doesn’t mean it’s always gonna be like that though. Every large company goes through restructuring and Disney is no different.
How is the path incorrect in your opinion and does it involve personal beliefs ?
Nubs70
Well-Known Member
I was thinking of change in general where there is an idea that change for the sake of change is good and all change is good.
Change can very well not be the correct thing to do and the change agent needs to be humble enough to reverse course.
CaptainMickey
Well-Known Member
In a cost cutting move, Disney gave Sonia Coleman a raise and promotion and Re-hired Jen Reberger. (Probably for more money then she made when she left) How's that cost cutting going Disney? 
We need more layers!
We need more layers!
Tha Realest
Well-Known Member
'Guardians of the Galaxy Vol. 3' Sets Course for $125 Million-Plus Opening in Early Box Office Projections
The first box office projections for Marvel's "Guardians of the Galaxy Vol. 3" have James Gunn's final MCU film earning $125 million-$130 million.
www.thewrap.com
“But for now, tracking for “Guardians Vol. 3” is predicted for an opening weekend lower than “Guardians of the Galaxy Vol. 2,” which opened to $146.5 million in May 2017. It would also mean that the $146.3 million three-day opening of “The Super Mario Bros. Movie” would retain its status as the highest opening weekend of 2023 so far.”
"Walt Disney Co. plans to cut thousands of jobs next week, including about 15% of the staff in its entertainment division, people familiar with the matter said.
The cuts will span TV, film, theme parks and corporate positions, and affect every region where Disney operates, said the people, who asked not to be identified because the details aren’t public. Some affected workers will be notified as early as April 24.
The company declined to comment."
The cuts will span TV, film, theme parks and corporate positions, and affect every region where Disney operates, said the people, who asked not to be identified because the details aren’t public. Some affected workers will be notified as early as April 24.
The company declined to comment."
Tha Realest
Well-Known Member
But we were assured theme parks would be spared! 13,000 new jobs! $17 billion in spending!
Dranth
Well-Known Member
I believe they said front line would be spared or at least that is how I read it at the time. Either way we will know for sure pretty soon.
Yes, that was specifically said several times.
The cuts are mostly management and executives. And a reduction in the production of 'content.'
Ever since a hiring freeze was announced half a year ago by Chapek, and 7,000 lay-offs by Iger, Disney's help-wanted has been chugging along with dozens of help-wanteds every week.
The cuts aren't front line workers, unless their whole division is being terminated.
DWparadise
New Member
"Walt Disney Co. plans to cut thousands of jobs next week, including about 15% of the staff in its entertainment division, according to people familiar with the plans.
The cuts will span TV, film, theme parks and corporate teams, affecting every region where Disney operates."
"...part of an overall strategy to shave $5.5 billion in annual costs."
www.bloomberg.com
The cuts will span TV, film, theme parks and corporate teams, affecting every region where Disney operates."
"...part of an overall strategy to shave $5.5 billion in annual costs."
Disney Is Poised to Eliminate Thousands of Jobs Next Week
Walt Disney Co. plans to cut thousands of jobs next week, including about 15% of the staff in its entertainment division, according to people familiar with the plans.
www.bloomberg.com
The ones who should be spared are the cast coming to work and the ones following CEO directive to work in the office 4 days a week. No sympathy for the ones who fight Iger directive to report back to the office.
CaptainAmerica
Premium Member
Literally nobody said that.
Frontline park operations are not going to be impacted.
Parks HR, Parks Finance, Parks Accounting, Parks Pricing, Parks Marketing, Parks Communications, Parks IT, etc. are all certainly on the table.
If you work in a cubicle or an office, you're at risk. If you wear a costume, you're not.
You forgot parks and resorts operations salaried.
el_super
Well-Known Member
I have probably said some version of that in the past, and I still stand by it. Most of the parks are still hiring, even for professional positions. If anyone in DPEP should be concerned, it would be WDI (mostly elimination of previously migrated/empty positions) and Parks IT groups.
el_super
Well-Known Member
The only way that happens is if there is a corresponding and very public reduction in park hours.
CaptainAmerica
Premium Member
There are tons of people who work in "Parks" who don't work IN THE parks.
el_super
Well-Known Member
Oh I know. And most of those positions at the various TEAM DISNEY buildings are still expanding. It may not seem obvious, but even those backstage/professional roles are tied to the visitor volume in the parks. Things more likely to be cut are the project positions, where work is centered around bringing something new like WDI. Right now though, I think even the Live Entertainment group is still hiring more and more people.
I will amend this though, and note that any social media teams that primarily work on Twitter should probably also be concerned.
GimpYancIent
Well-Known Member
B.I.'s business streamlining plan........
Surviving layoffs is very stressful. Seeing your peers escorted to a meeting with HR then escorted back to their office to immediately pack up their belongings and leave the building without saying goodbyes. My last layoff that I was spared but given more work afterwards , we took out our peers and execs on the town we reported to that were laid off and we all got drunk as a skunk.
Sirwalterraleigh
Premium Member
Disney's Imagineering Expenditure Hits A Record $51.5 Million
Disney has revealed that the expenditure of its European theme park design division accelerated during the pandemic and hit a record $51.5 million (€47 million) last year as Disneyland Paris forged ahead with the biggest expansion in its 30-year history.
www.forbes.com