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

[flynnibus]

Maybe some urgency in a response to Epic Universe. Actually announce they are going through with those blue sky stuff. Instead of saying $17 billion is coming actually say what is coming. Actions speak louder than words.

So because they aren't telling you long term plans... you take that as 'neglect'. Your interpretation is... interesting.

 

[MagicHappens1971]

Maybe some urgency in a response to Epic Universe. Actually announce they are going through with those blue sky stuff. Instead of saying $17 billion is coming actually say what is coming. Actions speak louder than words.

If Disney was concerned about Epic Universe they would’ve broken ground last year on some new projects.

 

[BlakeW39]

Maybe some urgency in a response to Epic Universe. Actually announce they are going through with those blue sky stuff. Instead of saying $17 billion is coming actually say what is coming. Actions speak louder than words.

If you check over on the zootopia at DAK thread... it's looking some of that 'blue sky stuff' may be after all. Not that I ever doubted it.

 

[Jrb1979]

If Disney was concerned about Epic Universe they would’ve broken ground last year on some new projects.

It's going to end up biting them.

So because they aren't telling you long term plans... you take that as 'neglect'. Your interpretation is... interesting.

Sorry. For all the hype the pixie dusters had for Iger he hasn't shown much of anything. I'm sorry but the parks need capacity desperately. None of these things coming really are anything to get excited about.

 

[Sirwalterraleigh]

So because they aren't telling you long term plans... you take that as 'neglect'. Your interpretation is... interesting.

If they put a shovel into the ground TODAY…it opens in 2029.

He’s right here.

We know the Iger management philosophy. I just told you what would happen - hypothetically

 

[lazyboy97o]

Maybe some urgency in a response to Epic Universe. Actually announce they are going through with those blue sky stuff. Instead of saying $17 billion is coming actually say what is coming. Actions speak louder than words.

You complain that Disney announces projects too early but now it’s a problem that they’re not announcing early.

 

[Jrb1979]

You complain that Disney announces projects too early but now it’s a problem that they’re not announcing early.

Yeah. I'm not against announcing early. Be more like other parks early. The reason I hate how Disney does it is the finished product rarely is close to what they announce.

 

[Sirwalterraleigh]

You complain that Disney announces projects too early but now it’s a problem that they’re not announcing early.

There’d be far less “complaints” if it didn’t take 6 years to build a rollercoaster followed by a 5 year “park wide hiatus”

 

[MisterPenguin]

The man's point is solid!
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[CaptainAmerica]

I think the next big wave will be this week.

 

[Sirwalterraleigh]

I think the next big wave will be this week.

…how’s that dividend coming?

 

[monothingie]

There’d be far less “complaints” if it didn’t take 6 years to build a rollercoaster followed by a 5 year “park wide hiatus”

Slow your roll there bud. Zack Ridley posting on Instagram takes a lot of effort.

 

[Sirwalterraleigh]

Slow your roll there bud. Zack Ridley posting on Instagram takes a lot of effort.

shouldn’t you be packing your suitcase? I can swing by to help if you need a …

 

[HauntedPirate]

I think the next big wave will be this week.

I thought I read something along those lines as well, that this week would see another wave of layoffs.

 

[Lilofan]

I thought I read something along those lines as well, that this week would see another wave of layoffs.

Those 200 WDI cast relocated from CA to FL for the Lake Nona campus project now cancelled are still on the payroll. ....

 

[lazyboy97o]

Those 200 WDI cast relocated from CA to FL for the Lake Nona campus project now cancelled are still on the payroll. ....

Why are you so eager to see those people let go?

 

[Lilofan]

Why are you so eager to see those people let go?

Nice assumption. What would Disney find in terms of work if their project is no longer a Go.

 

[lazyboy97o]

Nice assumption. What would Disney find in terms of work if their project is no longer a Go.

Their project wasn’t designing the Lake Nona campus. Parks, Experiences and Products still has a corporate presence in Florida with offices at Walt Disney World and Celebration.

 

[Tha Realest]

Don’t look now, but DIS is already down 2% shortly after opening. About to drop into the 80’s again.

 

[Nubs70]

If DIS is targeting $5.5B in cost savings, why would they be building a $1B redundant office complex??