Labor cost cutting measures begin at Walt Disney World as the company enters Q1

[JoeCamel]

A reminder chapek will cut anything and everything before he lowers prices. You arent going to get real ticket discounts, additional entertainment, or free dining before he gets fired.

Didn't start with Chappie

 

[peter11435]

Didn't start with Chappie

Nope.

Also this initiative to cut costs in Q1 is not a new idea. There’s an entire playbook for how different units are to handle it and they been using it for years when called upon. It even has a name… but we won’t get into that.

 

[PaulZ]

Cut labor costs how about cutting Bob's salary by 90 percent for a start

Why so little? If we are going by compliments like he wants cast members to do, surely his cut should start with a negotiated amount of 99.8% and reach a compromise on it at around 99.0%.

 

[PaulZ]

This news really has me concerned Trams may not be coming back. I have a bad back with a torn disc. Walking long distances is very painful and many times the pain is so bad all day I can only walk a few hundred feet and need to sit down again. I’m not handicap. I don’t ask for special consideration. But the idea of walking from the parking lot to the front entrances/TTA is going to be too much for me to do.

 

[Lilofan]

Why so little? If we are going by compliments like he wants cast members to do, surely his cut should start with a negotiated amount of 99.8% and reach a compromise on it at around 99.0%.

Iger 's annual earned income through salary and bonus targets he achieves set by the Disney Board is less than 10% of his reported annual net worth of $800M. That's like saying one whose net worth is $100K earns less than $10K annually. Haters are always going to hate successful earning executives and focus on their faults rather than their accomplishments.

 

[Lilofan]

This news really has me concerned Trams may not be coming back. I have a bad back with a torn disc. Walking long distances is very painful and many times the pain is so bad all day I can only walk a few hundred feet and need to sit down again. I’m not handicap. I don’t ask for special consideration. But the idea of walking from the parking lot to the front entrances/TTA is going to be too much for me to do.

You should apply for a handicapped parking tag so you can park closer to the park entrance.

 

[matt9112]

The parking rates also jump on the level of hotel as well. Which is pretty funny.

Disney mostly screwed over Annual Passholders staying on property when that change occurred. The discount that may or may not be there is insulting when someone with free daily parking at the theme parks has to pay for their vehicle(s) to be there nightly at their resort.

This....i still never paid my parking fees for my vacation 2 years ago. I cant fly to orlando if i wanted to you morons is how i felt. Its legitimately bewildering there was no exception for APs or at least florida APs. People that cannot not drive.

 

[John park hopper]

Iger 's annual earned income through salary and bonus targets he achieves set by the Disney Board is less than 10% of his reported annual net worth of $800M. That's like saying one whose net worth is $100K earns less than $10K annually. Haters are always going to hate successful earning executives and focus on their faults rather than their accomplishments.

Can you give a list of Capek's accomplishments that were beneficial to the stock holders compared to those that were beneficial to the guests. Would be interesting to see if there is a balance or skewed one way or the other

 

[Lilofan]

Can you give a list of Capek's accomplishments that were beneficial to the stock holders compared to those that were beneficial to the guests. Would be interesting to see if there is a balance or skewed one way or the other

My post was on Iger not on Chapek. How Chapek navigates during and post covid we shall see.

 

[Sirwalterraleigh]

The parking rates also jump on the level of hotel as well. Which is pretty funny.

Disney mostly screwed over Annual Passholders staying on property when that change occurred. The discount that may or may not be there is insulting when someone with free daily parking at the theme parks has to pay for their vehicle(s) to be there nightly at their resort.

Yeah…that didn’t get that much play when it happened.

the idea that the concrete at DAKL costs more than next door at Coronado and that that in turn costs more than all stars is just ridiculous.

and the concrete costs nothing at blizzard.

 

[Sirwalterraleigh]

Iger 's annual earned income through salary and bonus targets he achieves set by the Disney Board is less than 10% of his reported annual net worth of $800M. That's like saying one whose net worth is $100K earns less than $10K annually. Haters are always going to hate successful earning executives and focus on their faults rather than their accomplishments.

That’s about as red herring as it gets…and you know that…

but I think you’ve whipped yourself into vacation zeal - if I had to guess.

Bob Iger can gain/lose tens of millions of dollars daily based on stocks…but he gains a lot more than he loses on average.

not like he’s driving a truck for Schneider

 

[peter11435]

Yeah…that didn’t get that much play when it happened.

the idea that the concrete at DAKL costs more than next door at Coronado and that that in turn costs more than all stars is just ridiculous.

and the concrete costs nothing at blizzard.

And all of them have poorly maintained parking lots full of dying and neglected vegetation.

 

[Sirwalterraleigh]

And all of them have poorly maintained parking lots full of dying and neglected vegetation.

…there’s only so much room on the bottom line

 

[Lilofan]

And all of them have poorly maintained parking lots full of dying and neglected vegetation.

I've parked in the lots. The farthest thing from my mind is looking at the vegetation at the far reaches of the lots. We are too exited to enter and enjoy the day.

 

[ImperfectPixie]

I've parked in the lots. The farthest thing from my mind is looking at the vegetation at the far reaches of the lots. We are too exited to enter and enjoy the day.

It's bad show for a "premiere vacation destination".

 

[Sirwalterraleigh]

I've parked in the lots. The farthest thing from my mind is looking at the vegetation at the far reaches of the lots. We are too exited to enter and enjoy the day.

But you’re paying for them. For what?

It's bad show for a "premiere vacation destination".

It’s been a long cruise for some sailors

 

[Lilofan]

But you’re paying for them. For what?

It’s been a long cruise for some sailors

For what we pay for, we look for customer service, rides and attractions working, food hot and fresh and the drinks are cold, and clean parks which WDW has done well in and also have issues to improve upon. If someone is concerned about far reaches of the parks parking lot on issues on vegetation that's their own beef. In regards to hotels, it seems like the focus is on entrance ways of the hotels to make the area appealing. When many were furloughed and or laid off the vegetation doesn't take care of it by itself so areas of improvement can be addressed when the work groups are fully back to a full team. Some know there is a labor shortage, right?

 

[mikejs78]

But you’re paying for them. For what?

It’s been a long cruise for some sailors

There's no excuse for bad show... I'd rather have them cut scope on an attraction than let the little things like this deteriorate.

 

[Sirwalterraleigh]

There's no excuse for bad show... I'd rather have them cut scope on an attraction than let the little things like this deteriorate.

That’s an “outdated” philosophy when you’re swimming in the big blue ocean

 

[Sirwalterraleigh]

For what we pay for, we look for customer service, rides and attractions working, food hot and fresh and the drinks are cold, and clean parks which WDW has done well in and also have issues to improve upon. If someone is concerned about far reaches of the parks parking lot on issues on vegetation that's their own beef. In regards to hotels, it seems like the focus is on entrance ways of the hotels to make the area appealing. When many were furloughed and or laid off the vegetation doesn't take care of it by itself so areas of improvement can be addressed when the work groups are fully back to a full team. Some know there is a labor shortage, right?

I’ll check back with you in six months and see how you feel.