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

[Sirwalterraleigh]

While I DISAGREE with what WDW is doing here and yet again taking another step towards making their "resorts" just glorified hotels with a Disney name - a note on the comment above. Disney does not qualify for any of the PPP loans.

Corporate assistance was never disclosed...bout a trillion in that too.

You think a company with enormous political sway “got none”?

 

[Parker in NYC]

For the blame game to blame Governor Newsome (CA) doesn't fly.

But that is the new narrative. The last one didn't work for them. And boy, will it be shoved down our throats like castor oil or glue (it seems a little more accurate than 'gruel').

 

[TrainsOfDisney]

But that is the new narrative. The last one didn't work for them. And boy, will it be shoved down our throats like castor oil or glue (it seems a little more accurate than 'gruel').

I can see Chapek singing now...

“Brimstone and treacle and carbolic soap, these are the tools of my trade. With spoonfuls of sugar you don’t have a hope of seeing that changes are made.”

 

[Parker in NYC]

I can see Chapek singing now...

“Brimstone and treacle and carbolic soap, these are the tools of my trade. With spoonfuls of sugar you don’t have a hope of seeing that changes are made.”

Absolutely! Also, the musical? Yay!

 

[Lilofan]

I can see Chapek singing now...

“Brimstone and treacle and carbolic soap, these are the tools of my trade. With spoonfuls of sugar you don’t have a hope of seeing that changes are made.”

I remember carbolic soap. The smell to wake up the dead.

 

[JoeCamel]

Notice my timing?

like you should be on DWTS

 

[Tha Realest]

I get Iger may desire to preserve political capital for his future, but he’s been awfully silent throughout this notwithstanding having an important place at the table. https://www.google.com/amp/s/abc7news.com/amp/bob-iger-gavin-newsom-california-task-force/6111859/

 

[Animaniac93-98]

I get Iger may desire to preserve political capital for his future, but he’s been awfully silent throughout this notwithstanding having an important place at the table. https://www.google.com/amp/s/abc7news.com/amp/bob-iger-gavin-newsom-california-task-force/6111859/

This is the kind of thing that should kill his political prospects.

Just point to this and the $ he collected this year and nobody will have sympathy or respect for him, especially if he runs as D.

 

[MisterPenguin]

But I thought they said everything was fine during the last earnings call, Disney was doing so great, everything would be fine by Christmas and fake insiders were just spreading doom and gloom?

[sarcasm]

I don't recall anyone saying that. And I live-summarized the call.

 

[Slpy3270]

But I thought they said everything was fine during the last earnings call, Disney was doing so great, everything would be fine by Christmas and fake insiders were just spreading doom and gloom?

[sarcasm]

They technically are. They only did this bull because they want to get back to pre-pandemic levels quicker. Reopening Disneyland wouldn't have made a difference!

Besides, they have tens of billions in cash on hand still. They'll be fine for a long time. The workers, on the other hand.

 

[Lilofan]

I don't recall anyone saying that. And I live-summarized the call.

One thing they didn't even touch on was eventual layoffs on the conference call. Not one word.

 

[Lilofan]

This is the kind of thing that should kill his political prospects.

Just point to this and the $ he collected this year and nobody will have sympathy or respect for him, especially if he runs as D.

Iger is in his early 70s and is worth more than $600M. Why would he take a job that pays less?

 

[MisterPenguin]

I guess the OP finally got something right... yikes.

Well, yes, if "about to" means "two months from now."

And if firing of "bloat" and "mediocrity that failed upward" means laying off mostly part-timers, then yeah, got it right!

And if predicting what everyone saw coming for months... yeah, super right!

 

[MisterPenguin]

One thing they didn't even touch on was eventual layoffs on the conference call. Not one word.

OK, thanks for introducing a topic I wasn't responding to. Have a magical day.

 

[Animaniac93-98]

Iger is in his early 70s and is worth more than $600M. Why would he take a job that pays less?

The same reason other wealthy people have tried in the past.

Prestige, power, influence, bragging rights. I don't pretend to understand the psychology of crazy rich people.

 

[Animaniac93-98]

They technically are. They only did this bull**** because they want to get back to pre-pandemic levels quicker. Reopening Disneyland wouldn't have made a difference!

Besides, they have tens of billions in cash on hand still. They'll be fine for a long time. The workers, on the other hand.

Well thank God Disney still has money to make movies like live-action Lion King 2, even if they "can't afford" to pay their employees.

 

[Slpy3270]

Well, yes, if "about to" means "two months from now."

And if firing of "bloat" and "mediocrity that failed upward" means laying off mostly part-timers, then yeah, got it right!

And if predicting what everyone saw coming for months... yeah, super right!

Part-timers aren't "bloat" or "mediocrity". They're the people who operate the damn rides and wear the costumes.

Well thank God Disney still has money to make movies like live-action Lion King 2, even if they "can't afford" to pay their employees.

You're implying that I think Disney had to do this. They didn't! This is all about maintaining profit margins and nothing more. They were still on track for making a decent profit this year and they still laid people off because they wanted more of that profit. It's the same reason WWE let all those wrestlers go back in April; they didn't care if they were still going to make a huge profit, they wanted to stick to the pre-pandemic projections at all costs.

 

[TrainsOfDisney]

The same reason other wealthy people have tried in the past.

Prestige, power, influence, bragging rights. I don't pretend to understand the psychology of crazy rich people.

Iger has a weird desire to put himself on a pedestal with Walt Disney, Steve Jobs, etc.

His “vision” is rehashing already popular franchises and adding a tree to Carsland. Oh yeah and Mickey Street.

 

[Lilofan]

Part-timers aren't "bloat" or "mediocrity". They're the people who operate the damn rides and wear the costumes.

Thanks for acknowledging their work. They are cast members too!

 

[UNCgolf]

Part-timers aren't "bloat" or "mediocrity". They're the people who operate the damn rides and wear the costumes.

He was quoting the OP, not actually claiming that himself.