GimpYancIent
Well-Known Member
Could some of the numbers be accounting for retirements and people just quitting?
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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
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CaptainAmerica
Premium Member
I believe that was supposed to have been included all along.
Nobody lost their job as the result of canceling Lake Nona.
Deadline has updated the article.
"Rising from the earlier information, the cuts are estimated to affect over 2500 jobs across the board at the company, we’re now told. While Parks and Resorts remain mainly untouched, the employee pink slipping this week isn’t aimed at any particular division. We hear television, which was hit hard in the second round, is largely spared this time with a small number of layoffs, we hear."
Disney Begins Third Round Of Planned Layoffs – Update
EXCLUSIVE, updated with more details: The third wave of layoffs at Disney got underway today, sources tell Deadline. Rising from the earlier information, the cuts are estimated to affect more than 2,500 jobs across the board at the company, we’re now told. While Parks and Resorts remains mainly...
deadline.com
Andrew C
You know what's funny?
Dang...there it is...Deadline has updated the article.
"Rising from the earlier information, the cuts are estimated to affect over 2500 jobs across the board at the company, we’re now told. While Parks and Resorts remain mainly untouched, the employee pink slipping this week isn’t aimed at any particular division. We hear television, which was hit hard in the second round, is largely spared this time with a small number of layoffs, we hear."
Disney Begins Third Round Of Planned Layoffs – Update
EXCLUSIVE, updated with more details: The third wave of layoffs at Disney got underway today, sources tell Deadline. Rising from the earlier information, the cuts are estimated to affect more than 2,500 jobs across the board at the company, we’re now told. While Parks and Resorts remains mainly...
CaptainAmerica
Premium Member
So assuming the first 4,000 included the elimination of a bunch of open positions that got cut, in terms of actual layoffs, this one could be the biggest.Deadline has updated the article.
"Rising from the earlier information, the cuts are estimated to affect over 2500 jobs across the board at the company, we’re now told. While Parks and Resorts remain mainly untouched, the employee pink slipping this week isn’t aimed at any particular division. We hear television, which was hit hard in the second round, is largely spared this time with a small number of layoffs, we hear."
Disney Begins Third Round Of Planned Layoffs – Update
EXCLUSIVE, updated with more details: The third wave of layoffs at Disney got underway today, sources tell Deadline. Rising from the earlier information, the cuts are estimated to affect more than 2,500 jobs across the board at the company, we’re now told. While Parks and Resorts remains mainly...
asianway
Well-Known Member
Did WDI get hit in any of these?Deadline has updated the article.
"Rising from the earlier information, the cuts are estimated to affect over 2500 jobs across the board at the company, we’re now told. While Parks and Resorts remain mainly untouched, the employee pink slipping this week isn’t aimed at any particular division. We hear television, which was hit hard in the second round, is largely spared this time with a small number of layoffs, we hear."
Disney Begins Third Round Of Planned Layoffs – Update
EXCLUSIVE, updated with more details: The third wave of layoffs at Disney got underway today, sources tell Deadline. Rising from the earlier information, the cuts are estimated to affect more than 2,500 jobs across the board at the company, we’re now told. While Parks and Resorts remains mainly...
Vegas Disney Fan
Well-Known Member
This is all so sad, my GFs company just laid off about 25% of their staff, including her, in anticipation of a downturn. There’s not much hiring for (professional) jobs right now.
drnilescrane
Well-Known Member
It'll be interesting to see who this affects. We absolutely saw evidence of teams being let go, complete with news articles, but it didn't feel like 4000 in total.
The first round was them cutting senior leadership, the second round felt like them cutting entire teams and projects that were no longer priorities. Maybe this round is about trimming excess headcount from functions that aren't necessarily going away.
Sorry to hear that, hopefully she can find another role in the near future.
Stop it.
Everything is fine, it’s just biased clickbait YouTube videos.
At this point I just have to assume you’re lying and you don’t have a GF.
The economy is fine with RECORD JOBS!!!!
Vegas Disney Fan
Well-Known Member
Thanks, fortunately I can cover us both until she finds another job but given the choice I’d rather be spending that money on fun vacations than a second set of bills.
Sir_Cliff
Well-Known Member
There is some scope for positions between "everything is fine" and "THE COLLAPSE HAS BEGUN! PREPARE FOR STARVATION!"
TP2000
Well-Known Member
CNN is now using the phrasing "more than 2,500 layoffs" regarding this next round of layoffs staffing reductions.
I was listening to LA's most popular talk radio station on an App earlier, and they're covering Disney'slayoffs staffing reductions as rubbing salt in the wound of the ongoing Writer's Strike that has now entered its 4th week and is already causing financial hardships for smaller companies/businesses that cater to Hollywood.
It seems like these large job cuts have so far almost all centered in Disney's corporate headquarters around Southern California, and some in New York City or at ESPN in Connecticut.
Has there been any evidence of people being fired in big numbers in the Celebration offices or other Disney office complexes around Orlando?
Or is this really just a Southern California phenomenon at the big Disney campuses and office towers in Glendale and Burbank?
I was listening to LA's most popular talk radio station on an App earlier, and they're covering Disney's
It seems like these large job cuts have so far almost all centered in Disney's corporate headquarters around Southern California, and some in New York City or at ESPN in Connecticut.
Has there been any evidence of people being fired in big numbers in the Celebration offices or other Disney office complexes around Orlando?
Or is this really just a Southern California phenomenon at the big Disney campuses and office towers in Glendale and Burbank?
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Well if I had to prepare for one or the other it would be the later.
Of course I prepare for everything , I was an Eagle Scout after all.
asianway
Well-Known Member
Someone here worked at TDO and said he was affected
TrainsOfDisney
Well-Known Member
D23 had some cuts on the last round I know that.
TP2000
Well-Known Member
I'm sure there's been at least a few white collar jobs based in Orlando that were cut. But any reports of hundreds of job cuts in TDO or Celebration? Or just a few dozen here and there in Florida?
There's been thousands of lost jobs in Glendale and Burbank now the past 60 days. So far, the thousands of firings seem to be in various TV and movie production divisions based in Burbank, or the merchandising and marketing teams based in Glendale.
I Googled "Disney job cuts Orlando" but didn't come up with anything from the local media there. Which tells me the staffing reductions have been minimal in TDO so far, and well below the federal threshold to file of less than 100 layoffs. A company has to file layoff notices with the US Dept. of Labor if they are firing more than 100 within a 60 day window. The only thing I found was this from two months ago, late March...
"Disney has not filed any Florida layoff notices, state records show. Federal law requires companies to give 60 days' notice of mass layoffs and plant closings."
Disney is cutting 7,000 jobs. Here are 5 things to know including what CEO Bob Iger is saying
A larger round of layoffs will come in April, with several thousand more staff reductions.
www.floridatoday.com
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CaptainAmerica
Premium Member
I'm not sure what you're implying with the strikethrough on "layoffs" and replacement with "staffing reductions" but they're two different things.
7,000 headcount "staffing reduction" is accurate. Less than 7,000 people are being laid off, because some of the reductions have come from the elimination of open positions that will not be filled.
TP2000
Well-Known Member
It's a silly little inside joke of mine that keeps me entertained here in the TP2000 Command Center.
When Bob Chapek announced last November that he would lay off a bunch of people in Fiscal '23, a few folks here insisted that he didn't announce layoffs he merely announced "staff reductions", like not filling the vacant Secretary II position in the Payroll Department was going to be enough. But I think most of us could recognize that Bob Chapek was announcing thousands of upcoming layoffs six months ago...
Disney Plans Layoffs, “Rigorous Review” Of Spending & Hiring Freeze; “Tough & Uncomfortable Decisions” Coming, CEO Bob Chapek Tells Staff
Reeling from a roller coaster stock market and earnings misses, the Walt Disney Company is about to start cutting spending, costs, and staff, CEO Bob Chapek said today. “I am fully aware this will be a difficult process for many of you and your teams,” Chapek wrote to Disney executives this...
deadline.com
Well, at least Carol in Payroll won't be sad to learn she gets to keep her lunch fixings and her purse in the empty cubicle next door.