My friends that are managers (one does DAK and the other does International) have actually complained to me for some time how short handed they are after cuts a couple years ago, where they had to take on more responsibilities and are unable to focus on quality in merchandise and store experience like they used to. Recently, they’ve told me higher ups just push selling as much as possible verse’s focusing on the guest shopping experience. That shouldn’t surprise anyone here though.
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On layoffs, very bad attendance, and Iger's legacy being one of disgrace
- Thread starter pheneix
- Start date
My friends that are managers (one does DAK and the other does International) have actually complained to me for some time how short handed they are after cuts a couple years ago, where they had to take on more responsibilities and are unable to focus on quality in merchandise and store experience like they used to. Recently, they’ve told me higher ups just push selling as much as possible verse’s focusing on the guest shopping experience. That shouldn’t surprise anyone here though.
1. There's zero evidence the Iger is considering it. Just more nerdrage fantasy.
2. I was replying to someone saying he was getting *fired*. Pay attention to the context.
HauntedMansionFLA
Well-Known Member
Severance package ??
WDW Pro
Well-Known Member
No need to be snippy - I was verifying your position.
Sorry, sounded like you were correcting and arguing.
How long Iger stays as Executive Chairman depends on how the board feels about Chapek's performance. If they really like and have faith in Chapek, Iger won't be in that position much longer. CEO's don't like working with the former boss looking over their shoulder. Either Chapek is the boss that they have faith in leading the company or he isn't. As long as Iger is around, Chapek isn't the boss. He will be a boss in name only and have people trying to undermine him by going to Iger. The board will have to decide or it will become an issue.
TheDisneyDaysOfOurLives
Well-Known Member
- In the Parks
- Yes
Wait, being a premium member has a feature that reads the posts to you? I need to sign up stat. Take my money @wdwmagic!
mikejs78
Well-Known Member
There's an expiration date though - Dec 31, 2021. That's when Iger said he'd leave. Having him leave beforehand may be bad for the stock given the current situation. If I were on the board, I'd stick to the plan and have Iger stay until end of next year.
MerlinTheGoat
Well-Known Member
Again this isn't an accusatory post towards anyone, but the exact quote used in the OP is that Iger will "soon be tossed on his *** in disgrace". This generally means fired or at least some form of non-voluntary ousting (like how Lasseter was forced to step down due to enormous company and public pressure). The OP also indicates Iger's leave would be caused by a massive public release of stories about how he's a violent serial harasser of staff. Such that it would again turn the company and public against him and cause his removal.
For the record, I wouldn't be surprised in the slightest if the allegation about Iger being an ******* to staff are completely true. This isn't specific towards Iger, everyday we hear stories across the entire corporate world about how CEOs and other high ranking executives are horrible abusive people (Ubisoft in particular has been in the spotlight for this lately). But a lot of this abuse is successfully kept hidden and there's never any repercussion for the executives who do it (sometimes even when it goes public). So even if it were true about Iger, there's no guarantee it would actually destroy him and his legacy.
Sorry if I missed it, but what do you mean by wraparound weeks?
UNCgolf
Well-Known Member
As someone who spends a decent amount of time reading/investigating internal emails sent by executives at large corporations to other, slightly lower on the totem pole executives, they almost always come across as terrible people. Of course that's not even close to being enough information to draw conclusions about a person, but they are constantly aggressive, belittling, etc. in ways I would never even think of being.
tirian
Well-Known Member
Pot meets kettle?
I have no problem with different opinions, but this was too funny to ignore. You two are entertaining to watch. (And I’m staying out of it!)
Yes, it's all part of the profit sharing agreement I have with Steve!!
Chef Mickey
Well-Known Member
Chef Mickey
Well-Known Member
Business is brutal. It’s not about being terrible or not. Ever worked in strategy at a Fortune 30 company? It’s insane. Anything you’ve read is so mild and normal, it’s not even worth mentioning.
The good stuff is said in meetings, not written in an email.
UNCgolf
Well-Known Member
Oh, I've seen/heard some meetings as well. But no, some of the stuff I'm talking about isn't mild and normal. Part of the reason (although not even close to the main reason) we look at it is to make sure it's not too inflammatory, and some of it absolutely is. Of course, to be fair, you will also get some of the slightly lower people talking about how the CEO, CFO, etc. is an absolute moron who doesn't understand what they're talking about and who are running the business into the ground.
I'm a corporate defense attorney at one of the biggest law firms in the world so I see quite a lot.
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Brer Oswald
Well-Known Member
Besides, he already did “step down” as CEO back in February. He’s just holding a position to fulfill his contract.
In all honesty, if they have faith in Chapek that is too long. Two bosses is one too many. The longer the situation remains the same the more likely you are to have problems.
Brer Oswald
Well-Known Member
Which again, has no place being revealed in an earnings report. I’ll believe it when I see it, but I’m also not going to call OP a phony just yet. There’s no evidence, neither in support or to the contrary.