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

Ldno

Well-Known Member
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They do what everyone else in the world has to do...look for another job. I also agree that that they need to start looking today and not wait until their benefits run out. It sucks, but you do what you gotta do until you find a job. It's also worse for them because their local market is now flooded with thousands of others who are on the same boat. Relocating to a bettrr job market may be a good option if they can swing it.
It’s worse, more qualified individuals are jobless also getting better opportunities, im working on certifications now because degrees don’t cut it anymore.

I have been legit told my resume is impeccable but i need more certs and nano degrees. 60 job applications in a month and still nothing
First off, you don't wait until the benefits run out. You start scrambling on day one, taking anything available. Of course that's very difficult in a state like CA where so many things have been kept closed. But grocery stores, Wal-mart, Target and the like have continued to hire. You start driving for Uber. You become a personal shopper, that sort of thing. The good news is that it doesn't take that much to replace what Disney paid.
There’s some jobs that aren’t open 24/7 anymore, where you can still be part time employed and still get unemployment but that is running out super fast already, just curious how is everyone is managing to get by.
 

flynnibus

Premium Member
It can be scaled though. Chik has over 2,500 locations.

Which is small compared to it's peers... Wendy's is 2x that, Burger King 3x, McDonalds more than 5x that... (all in the US). Subway is nearly 10x that.

CFA also has extremely tight controls over it's franchisees and locations. The company actually owns the location, and the locals are just 'operators'.

Point being... they do things very differently as part of their scheme to maintain their brand and customer experience. It's not just about 'follow what they are doing...' - the difference is engrained deeply in how they operate and maintain that control.
 

TrainChasers

Well-Known Member
Which is small compared to it's peers... Wendy's is 2x that, Burger King 3x, McDonalds more than 5x that... (all in the US). Subway is nearly 10x that.

CFA also has extremely tight controls over it's franchisees and locations. The company actually owns the location, and the locals are just 'operators'.

Point being... they do things very differently as part of their scheme to maintain their brand and customer experience. It's not just about 'follow what they are doing...' - the difference is engrained deeply in how they operate and maintain that control.
Why are you comparing them to other companies? That has nothing to do with the fact that they can scale. 2,000 stores means they can scale.

Six flags has more parks than Disney, doesn’t mean they are the better run company.

And yes, the tight control is a reason for their success imho.
 

flynnibus

Premium Member
The one near me does as well. But they are making huge profits (billions with a b) so it doesn’t seem like their customers care about the dated style.

Their revenues are estimated at 5 billion... I'm sure HL would love having 20-40% net profit margins but I'm pretty confident that's not the case :)
 

Goofyernmost

Well-Known Member
They make good food, have consistently good service and clean stores, and they have record setting per-store profits.

It’s so simple that you’d think other companies would figure out what works.

Outside of the fast food industry, you can add Hobby Lobby and Herschend Entertainment to the list of conservative owned, private companies that seem to get it.
They get business, but that's about it. As far as social matters they are some of the worst.
 

flynnibus

Premium Member
Why are you comparing them to other companies? That has nothing to do with the fact that they can scale.

Because you stated "It’s so simple that you’d think other companies would figure out what work"

The point was as stated... a good portion of that success is hard to replicate at scale. And what is scale in that industry? Let's look at the competitors... and the kinds of companies that have not figured out how to replicate their success in their own product. Hence why someone would 'compare them to other companies' when someone postulates why 'other companies' haven't figured out how to duplicate their success.
 

TrainChasers

Well-Known Member
The one near me does as well. But they are bringing in billions in revenue (billions with a b) so it doesn’t seem like their customers care about the dated style.

Their revenues are estimated at 5 billion... I'm sure HL would love having 20-40% net profit margins but I'm pretty confident that's not the case :)
Happy now? This game is getting old.
 

Goofyernmost

Well-Known Member
Billions? How? Is it just markup/not much need for labor/product never goes bad?
I good drug pusher cannot make even close to that. I think the numbers need to be re-evaluated. I'm sure the main company makes that much, but an individual store, nope, can't buy it. Chic-fil-A is company owned so over all profits are possible, but independant franchises , not a chance.
 

Goofyernmost

Well-Known Member
I’m sorry, if I came acrosss that way that’s wrong of me and out of line.

What you said, I don’t agree with. But it goes into political / religious views that are not appropriate for this part of the forum.
I'm neither political (normally) or religious (ever) but I do know right from wrong and that is a social problem. Call it what you want, it doesn't change anything. Can we stop this endless banter now, please.
 

TrainChasers

Well-Known Member
And what is scale in that industry? Let's look at the competitors...
Right, I’m looking at the whole industry. They are #19 on a list of the top 32.

And their per store sales average are getting close to 10x the number #1 on the list which is subway.

 

ParkerLoLs

Well-Known Member
I'm neither political (normally) or religious (ever) but I do know right from wrong and that is a social problem. Call it what you want, it doesn't change anything. Can we stop this endless banter now, please.
I loathe the "I'm not political" song and dance. We're all political, especially those who say they aren't... or (normally) are. And children listen, and either follow in kind or rebel or pretend to rebel and settle back into their parent's beliefs.
 

Heppenheimer

Well-Known Member
Since we're already off-topic...

I've noticed that In-and-Out Burger seems to have a more devoted fan base than I would expect for a burger and fries joint. They're not in my area of the country, so I can't just go out and try it. But I will visit California again some day. Convince me why I should stop there, especially for someone who really tries to avoid fast food whenever possible.
 

FigmentFan82

Well-Known Member
Since we're already off-topic...

I've noticed that In-and-Out Burger seems to have a more devoted fan base than I would expect for a burger and fries joint. They're not in my area of the country, so I can't just go out and try it. But I will visit California again some day. Convince me why I should stop there, especially for someone who really tries to avoid fast food whenever possible.
Its a really good burger
 

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