On layoffs, very bad attendance, and Iger's legacy being one of disgrace

[Lilofan]

Disney Parks Cast Members Notified of Extended, Indefinite Furlough

Walt Disney World news, photos, and reviews! We provide you with daily news from the Walt Disney World theme parks and beyond

blogmickey.com

This is not good news.

 

[el_super]

This is not good news.

It's not really bad news either. When Disney furloughed their CMs they had to tell the state that the furlough was not expected to last more than six months, and this is just confirmation of what is evident: that they were wrong and the furloughs are lasting longer. Overall though, as business picks up they will still want to keep those people interested in returning, rather than just cut them loose now. They will still need more people in the immediate future.

 

[oceanbreeze77]

This is not good news.

V. bad news

 

[oceanbreeze77]

I wonder what it means for DL...they haven't even opened yet...

 

[Unbanshee]

It's not really bad news either.

I think it's bad news. Looks at the HMSHost situation at MCO. 750+ employees impacted. Those who haven't been recalled by mid-October will be converted into a layoff. It's the travel industry/restaurant. While Disney is a little more immune, it can't be by much and they will have to draw a line in the sand at some point.

Also, it's impossible for CMs to survive on state unemployment at this point. They might have to quit before they can be recalled.

 

[JoeCamel]

I think it's bad news. Looks at the HMSHost situation at MCO. 750+ employees impacted. Those who haven't been recalled by mid-October will be converted into a layoff. It's the travel industry/restaurant. While Disney is a little more immune, it can't be by much and they will have to draw a line in the sand at some point.

Also, it's impossible for CMs to survive on state unemployment at this point. They might have to quit before they can be recalled.

Same here in Tampa and several other locations HMSHost services. Lots of jobs

 

[Unbanshee]

Same here in Tampa and several other locations HMSHost services. Lots of jobs

Maybe not a litmus test, but at least an indicator about the tourism industry. Such a sharp contrast to crowded mornings on Hollywood Blvd

 

[Disorbust]

If you look at the WARN site every airport in Florida, large and small, is having large layoffs. Florida unemployment runs out for CM s that were furloughed I believe in October (12+6 weeks the lowest in the country). The FLorida evictions moratorium runs out August 31st. DeSantis will not add the "$300" federal employment from Trumps executive order because he isn't sure its legal and if Florida is on the hook for itthe state will be bankrupted.

I can not wrap my head around how many are going to be homeless and food insecure.

So tell me again how if the execs don't get their 20% back they will lose talent? Where the hell are they going to go? How much talent do you need after such reductions.

 

[TheMagus]

You forget, but once they start calling people back to work, a large percentage will not return due to concerns of “contracting” Covid.

Our local school district had over 10% of staff refuse to come to work, upon being called to return.

This is not something forgotten- Disney already started calling people back in mid-June, and the point is really just tangently related to the question. The real question is whether the layoff will only apply to those still furloughed, or if they will lay off people called back, and replace them with people on furlough.

Those called back were called back based on the location where they were statused, or by tenure with the company when there was space and cause to do so. It is possible that they could lay off poor performers who were only called back because they were lucky to be working in an area re-opened, and replace them with a better-but-still-furloughed performer from another area still closed.

It is also possible they could focus on older, higher-seniority Cast in order to replace higher paychecks with lower ones, and to reduce forward pension obligations. Older leaders are still in the pension plan, which does not exist for newer leaders.

I'm sure there are still angles I am missing, but the poster who pointed out the Florida WARN system definitely got us closer to the mark.

 

[DisneyDebRob]

I don’t know... the amount of time I spend spell checking...

Forget the spell checking.. save time and don’t do it. Auto correct is fun!.

 

[Lilofan]

You folks have to think of this like manufacturing. When your product isn't selling you have to lay off workers who make the product. The executives can't be laid off because they have to run things until business gets better. Sometimes higher level people do get laid off if a down turn is huge but not usually. Theme parks are just a factory, if there are no customers, you can't pay for a bunch of front line people to do nothing.

As far as upper management realize these guys spend to their salary level. They have more expensive mortgages, car loans along with retirement savings. If they have kids maybe private schools, college savings. $200-300K really isn't that much money for people with children. These people aren't rolling in cash, it all goes somewhere. You can say that's not fair, well go get their position. You will make more money. Oh.......you're totally unqualified for their jobs? Well that's a problem.


Over all Florida is going to be in serious trouble by spring. State governments and local governments will be broke. Orlando is going to have a serious problem with people who are dead broke. They either move somewhere else or more likely become violent and prone to stealing stuff. I would expect the crime rate in FL going up a lot by next spring. Etc. etc. At the moment this seems endless with the only entity really able to do something is the federal government but they seem to be doing their usual do nothing and fight about everything. I won't blame one party or another none of them are doing what they should do. Extra $600 a month was the right thing to do for the time, that should have kept going but congress is delaying that until it does no good. My favorite comment was "All this will be retroactive when get the details worked out." That shows a real lack of any knowledge of the finances of lower paid workers who pretty much live week to week with no large credit line of any kind. Retroactive will to late for many I fear.

I disagree. Execs get laid off in companies. When execs get laid off some do get a package and their responsibilities are combined with another exec that did not get laid off. When the going is good, companies created and expand the amount of execs, when the going gets tough, then some execs fall victim and are laid off. During the 2009 recession layoffs in our country, the local exotic car dealers started getting an abundance of trade ins of high end vehicles in my area due to high income earners ( some execs ) getting laid off and needing to sell back their toys.

 

[Stevie Amsterdam]

I disagree. Execs get laid off in companies. When execs get laid off some do get a package and their responsibilities are combined with another exec that did not get laid off. When the going is good, companies created and expand the amount of execs, when the going gets tough, then some execs fall victim and are laid off. During the 2009 recession layoffs in our country, the local exotic car dealers started getting an abundance of trade ins of high end vehicles in my area due to high income earners ( some execs ) getting laid off and needing to sell back their toys.

While this may be true in some companies, it is certainly not the standard. As @Corey P mentioned, the sword usually falls on the lower level jobs that actually make the product. If there are no customers buying the product, there is no need for workers to make them. When the going is good, companies often need to expand their workforce with new workers, not executives. And vice versa, the workers are the first to be let go when times are bad.

 

[Stevie Amsterdam]

I disagree. Execs get laid off in companies. When execs get laid off some do get a package and their responsibilities are combined with another exec that did not get laid off. When the going is good, companies created and expand the amount of execs, when the going gets tough, then some execs fall victim and are laid off. During the 2009 recession layoffs in our country, the local exotic car dealers started getting an abundance of trade ins of high end vehicles in my area due to high income earners ( some execs ) getting laid off and needing to sell back their toys.

You edited your post while I was writing a reply There are many reasons for people to sell back expensive toys during a recession. Are you making an assumption that it was solely because of said people being laid off? Cause I for one sold some of my goodies even though I kept my job. It's just to add a little extra financial security by selling stuff back that you don't really need in the first place. That's a whole different thing then taking care of kids, mortgage, etc.

 

[Lilofan]

You edited your post while I was writing a reply There are many reasons for people to sell back expensive toys during a recession. Are you making an assumption that it was solely because of said people being laid off? Cause I for one sold some of my goodies even though I kept my job. It's just to add a little extra financial security by selling stuff back that you don't really need in the first place. That's a whole different thing then taking care of kids, mortgage, etc.

In my neighborhood , yes. Fortunately I live within my means and don't get caught with that. And yes, kids were pulled from private schools and put in public schools and some unfortunately foreclosed on their homes.

 

[Lilofan]

While this may be true in some companies, it is certainly not the standard. As @Corey P mentioned, the sword usually falls on the lower level jobs that actually make the product. If there are no customers buying the product, there is no need for workers to make them. When the going is good, companies often need to expand their workforce with new workers, not executives. And vice versa, the workers are the first to be let go when times are bad.

Companies where I've worked for when the going is good expand their staff base however newly created " exec " positions take hold also. I knew some that were hesitant to apply and take on newly created exec positions. Some were right. These execs were some of the first to be laid off.

 

[Polkadotdress]

Florida unemployment runs out for CM s that were furloughed I believe in October (12+6 weeks the lowest in the country). The FLorida evictions moratorium runs out August 31st. DeSantis will not add the "$300" federal employment from Trumps executive order because he isn't sure its legal and if Florida is on the hook for itthe state will be bankrupted

FL unemployment is just 12 weeks. There are no additional +6 weeks. So, WDW Cast have long since reached the end of that road, and are surviving on the federal unemployment which pays at the state rate of $275/week. After taxes, that’s not enough to really live on.

 

[Lilofan]

FL unemployment is just 12 weeks. There are no additional +6 weeks. So, WDW Cast have long since reached the end of that road, and are surviving on the federal unemployment which pays at the state rate of $275/week. After taxes, that’s not enough to really live on.

That's desperate times for impacted people. To avoid homelessness, hopefully they can move in with someone they know.

 

[Disorbust]

FL unemployment is just 12 weeks. There are no additional +6 weeks. So, WDW Cast have long since reached the end of that road, and are surviving on the federal unemployment which pays at the state rate of $275/week. After taxes, that’s not enough to really live on.

There is an addition week for every increase of.5 % over the base unemployment rate. If it is Federal why is every state different?

 

[techgeek]

There is an addition week for every increase of.5 % over the base unemployment rate. If it is Federal why is every state different?


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I'm not sure where the '6 weeks' is coming from on that chart, I'm not aware of any benefit fitting that timeframe. In my case, in Florida, I have been collecting unemployment since the end of March. For 3 months I was receiving state benefits of $275/week, plus the federal $600/week until the end of July. When that ran out, my account was 'switched' over to a federal PEUC benefit that is funded at $275/week for an additional 12 weeks.

Here's the page from FL DEO that breaks it down: https://floridajobs.org/cares-act

 

[Lilofan]

I'm not sure where the '6 weeks' is coming from on that chart, I'm not aware of any benefit fitting that timeframe. In my case, in Florida, I have been collecting unemployment since the end of March. For 3 months I was receiving state benefits of $275/week, plus the federal $600/week until the end of July. When that ran out, my account was 'switched' over to a federal PEUC benefit that is funded at $275/week for an additional 12 weeks.

Here's the page from FL DEO that breaks it down: https://floridajobs.org/cares-act

That doesn't make sense. One has to apply for PEUC and see if they are eligible and only after the FL unemployment runs out and not any earlier. How was your account "switched"?