You’re getting better at this. Now we just need KK lighting Star Wars on fire in the background and we have a masterpiece.
You’re getting better at this. Now we just need KK lighting Star Wars on fire in the background and we have a masterpiece.
Voila!You’re getting better at this. Now we just need KK lighting Star Wars on fire in the background and we have a masterpiece.
Can I buy the NFT?
That’s the scenario that I’ve seen before, but not the one Captain America laid out;
Thousands of people laid off, but still told to come into work for two months with full access to intellectual property and emails and physical offices. Just the drama in the break rooms alone would be disruptive and damaging, not to mention the ability to access company intel and info a disgruntled employee may want.
Or in the case of TWDC IT you get the joy of training your replacement for that time......Well you don’t know how it works then
You typically are kept an employee during the 60 days, usually told to stop working and focus on either finding a new role or focusing on the placement services. Then after that true last day, you are cut off from resources and then that’s where your payouts and severance starts, enroll in cobra etc.
Yes sometimes there are binary cutoffs.. but it’s not the norm in a large corp layoff.
There sre other hybrid versions of this too where you technically are an employee, but restricted, etc.
The 60 day employee thing is a convenient way to broadly cover most us employment issues.
It differs in other countries as well
Accurate. I have friends and family members of friends who are part of these Maingate, Team Disney, and Celebration offices layoff groups at WDW. Park operations managers have also been impacted. Of course Burbank and Glendale have been severely hit, but the Florida folks I know are frustrated with media's statements like "Parks and Resorts remains mainly untouched".The cuts were not just in Cali entire teams at Team Disney and Maingate are also gone.
This summer season seems like such a bust. I’m very excited for the Mario movie, and Oppenheimer, cautiously optimistic for GotG3 and Spiderverse (I still remember the disappointment that was Lego Movie 2,) and that’s about it. Everything else is on the range of meh-no way. Unless something else gets stellar reviews I’m probably not going to watch it.
Here’s a tip: never buy a stock when the financial people are predicting losses aheadI'm getting ready to buy if it keeps heading in this direction.
Disney's not going anywhere, so a chance to buy discounted $DIS is decent to me.
Sears Rise and Fall: From World's Biggest Retailer to Bankruptcy This could happen to Disney.
The comparison is they are Dow 30 companies who once seemed impenetrable. Does that mean Disney will collapse/be left behind? Of course notAre you really comparing Sears to Disney?
My gut thinks they’ll layoff more…probably several thousand…in relatively short order. But the market has to be on the down to provide the proper cover."Disney reached its 7,000 layoffs goal, handing out notices to the remaining employees impacted in its third round of job cuts last Friday ahead of the Memorial Day holiday weekend, Variety has confirmed.
The Mouse House’s target was to conclude these companywide layoffs, which focused most heavily on the media divisions and left the parks largely untouched, ahead of the summer.
The company still has plans to eliminate more roles internationally over a period of time, according to a source close to the situation, but Disney has now concluded the benchmark it set in February, soon after Iger’s return as CEO upon the ousting of Bob Chapek."
Full article below.
Disney Completes 7,000 Job Cuts
Disney reached its 7,000 layoffs goal, handing out notices to the remaining employees impacted in its third round of job cuts last Friday.variety.com
Might want to cut back on the $1500 passes that didn’t sell and not try to sell everyone a $40 streaming package - with ads - that remind people exactly they were so gleeful to dump their cable 10 years ago tooAgain, the TV and media division was hugely over bloated especially with loads still from the Fox acquisition.
Also, for the mediocre content that’s coming out from ‘The house of the mouse’ recently, they needed to cut back
Well they have been beating the "recession is coming " drum for a year now so I guess the message is sinking inOther sectors are seeing bad headwinds in the economy:
View attachment 720405
Note: everything Disney does falls within the “discretionary category”
I wouldn’t call 75/1200 small. Pixar has been conspicuously absent from these announcements strange this didn’t leak out yetReuters is reporting 75 positions were eliminated at Pixar.
"Walt Disney's (DIS.N) Pixar Animation Studios has eliminated 75 positions including those of two executives behind box office disappointment “Lightyear,” sources said on Saturday, the first significant job cuts at the studio in a decade.
The cuts included "Lightyear" director Angus MacLane, a 26-year animator who was part of the senior creative team on such acclaimed films as “Toy Story 4” and “Coco.” Galyn Susman, producer of "Lightyear," also departed. Susman had been at Pixar since the release of the original “Toy Story” movie in 1995.
MacLane and Susman could not be reached for comment.
The cuts, which took place May 23, are part of Walt Disney Chief Executive Bob Iger’s previously announced plan to eliminate 7,000 jobs and slash $5.5 billion in costs. That restructuring combined the film and television groups into a single Disney Entertainment unit and eliminated a division charged with distribution.
While small compared to Pixar's employee base of about 1,200, the layoffs are significant because the studio is a creative force generating franchises and characters that drive revenue across Disney."
Full article below.
Exclusive: Walt Disney's Pixar targets 'Lightyear' execs among 75 job cuts
While small compared to Pixar's employee base of about 1,200, the layoffs are notable because the studio is a creative force generating franchises and characters that drive revenue across Disney.www.reuters.com
Wall Street has a knife to Iger's throat.Word is Ray Ferraro and Chris Chelios are being let go once their contact at ESPN is up. Don't get it. They just spent all this money acquiring the rights to the NHL and already are cutting back.
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