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

[Sirwalterraleigh]

That's really saying something. I'll bet THAT video won't ever surface to the big media and public for comparisons.

Now I remember watching that interview...and as much as I 100% agree with the points Sawyer and Degeneres were making...it looks like it is mining the past for current grievances with Iger as its framed in the 2020 context.

It was difficult at the time. Progress has always been a turtle...not a rabbit. To recognize that doesn’t forgive the hate and the intolerance...but it’s hard to assign today’s beliefs to the past.

And all things don’t play equal. This isn’t like renaming civil war military bases...that is 100% a no brainer. This is realizing the mistakes of a social/entertainment scenario that hopefully we have worked most of the kinks out of by choice for the better. Most but not all.

This isn’t on the level of Matthew Shepard or calling her “Ellen degenerate”

Not to make excuses for Iger...but he had constraints to his job that forced him to thread the needle there. Ones that are more or less gone from Disney now.

He’s a greedy, low quality promoting sons a gun in many ways...but I can’t toss him in a bin as a fringe bigot or anything.

 

[lazyboy97o]

Iger needed to build a relationship with China to open SHDL. If one looks at the tag of the Disney T shirt they bought it is probably made in China. I don't agree with the politics of China but it is a no brainer in a business sense to grow one's business in a country with over one billion people. I'm surprised Iger was not involved with controversial Saudi leader bin Salam. bin Salam is building an enormous entertainment, leisure and sports lands that would make WDW look like Fun Spot in Orlando. Phillipe Gas, a 30 year Disney exec recently left Disney to be the CEO of this new venture in Saudi Arabia singing praises on bin Salam.

"Let China sleep, because when she wakes up she will move the world " - Napoleon Bonaparte

Before Quiddiya was Dubailand. We’ll see if it happens and lives up to its promises.

 

[Lilofan]

We all make hard choices. Iger made his on behalf of the company. Doesn't mean it was a "no brainer". Or that it was the right one.

Bingo. He made decisions on behalf of the company ( and the shareholders ). Part of the job description of a CEO, his work contract and his compensation including bonuses set by the Disney Board tied into his performance.

 

[eliza61nyc]

I think you’re gripping the bat too tight, Hoss



Corporate CEOs are 100% about big money, largesse...which is exactly why they are always begged to be in government (most decline)

Everyone said the 80’s were so “great”...that’s how the government still runs - off failed robber baron economic ideas (not to get political...but It is what it is)

lol the 80's?? basically you hit the nail on the head, the term "robber baron" itself dates back to the late 19th century.
I do kinda shake my head at some of the criticism Sir, maybe it's because I've spent my life in fortune 100 companies. lol, they've been pulling shenanigan's forever and they've always been in bed with politicians.

so I am always surprised that folks think Disney is going to be different.

Happy New Year's

 

[WondersOfLife]

Now I remember watching that interview...and as much as I 100% agree with the points Sawyer and Degeneres were making...it looks like it is mining the past for current grievances with Iger as its framed in the 2020 context.

It was difficult at the time. Progress has always been a turtle...not a rabbit. To recognize that doesn’t forgive the hate and the intolerance...but it’s hard to assign today’s beliefs to the past.

And all things don’t play equal. This isn’t like renaming civil war military bases...that is 100% a no brainer. This is realizing the mistakes of a social/entertainment scenario that hopefully we have worked most of the kinks out of by choice for the better. Most but not all.

This isn’t on the level of Matthew Shepard or calling her “Ellen degenerate”

Not to make excuses for Iger...but he had constraints to his job that forced him to thread the needle there. Ones that are more or less gone from Disney now.

He’s a greedy, low quality promoting sons a gun in many ways...but I can’t toss him in a bin as a fringe bigot or anything.

As everyone else says on these threads... “to each their own.”

 

[Sirwalterraleigh]

lol the 80's?? basically you hit the nail on the head, the term "robber baron" itself dates back to the late 19th century.
I do kinda shake my head at some of the criticism Sir, maybe it's because I've spent my life in fortune 100 companies. lol, they've been pulling shenanigan's forever and they've always been in bed with politicians.

so I am always surprised that folks think Disney is going to be different.

Happy New Year's

I’m sorry...”modern robber barons”

You likely know that the most “fair economy” started coming out of the depression/WW2 and peaked around 1968...

It’s been a slow decline on the WHOLE...which is not a reflection of GDP, dividends, or midcap growth funds in a 401K ever since...

The 80’s - to me - the modern symbol of that.

A collective “ehh...just keep jumping for the brass ring...stiff arm whoever you have to...” mentality.

It’s never gone away

 

[Cesar R M]

Also, everyone saw UOR cut August hours today? CM blackout was pulled, they’re allowed back in.

This is Beyond the worst case we imagined.

Disney will survive, but the next few years are going to hurt.

I'm still scratching my head on why they tough it was a good idea to lay off more people while restoring executive bonuses.. aaah priorities!

 

[Sirwalterraleigh]

I'm still scratching my head on why they tough it was a good idea to lay off more people while restoring executive bonuses.. aaah priorities!

Because the two are never a “choice” in the world of business?

 

[Brer Panther]

I'm still scratching my head on why they tough it was a good idea to lay off more people while restoring executive bonuses.. aaah priorities!

Do you think they would've done that even if there wasn't a pandemic going on?

 

[Stevie Amsterdam]

I'm surprised he still has these ambitions. Iger is worth more than $500M. He should just lead the good retired life when he leaves Disney.

It’s not about money, it’s about power

 

[drizgirl]

It’s not about money, it’s about power

And ego.

 

[Sirwalterraleigh]

It’s not about money, it’s about power

I believe the saying is:


“All things are about power...and power is about money”

 

[Lilofan]

I believe the saying is:


“All things are about power...and power is about money”

" In this country you gotta make the money first. Then when you get the money, you get the power. Then when you get the power, then you get the women ."
- Tony Montana ( Al Pacino ) Scarface 1983

 

[RSoxNo1]

" In this country you gotta make the money first. Then when you get the money, you get the power. Then when you get the power, then you get the women ."
- Tony Montana ( Al Pacino ) Scarface 1983

 

[MisterPenguin]

It's nice to be on a discussion board on which no one here ever is motivated by money or power like the evil Iger is.

Post pics of your halos!!

 

[el_super]

I'm still scratching my head on why they tough it was a good idea to lay off more people while restoring executive bonuses.. aaah priorities!

Some of those executives were making the decisions on which people to keep and which were to be laid off. That is a heavy weight to put on anyone, and especially so with a company that is entwined as Disney is. I know it feels cliche, but there were a lot of people with literally decades of friendship being made to break up their family.

In the end though, it's their job as an executive and its only fair that they got paid to do their job.

 

[drizgirl]

It's nice to be on a discussion board on which no one here ever is motivated by money or power like the evil Iger is.

Post pics of your halos!!

Glad to know you know what makes everyone else tick. It's a reflection on you that you think everyone else is so motivated by money and power to the degree that Bob Iger has been.

 

[Goofyernmost]

Glad to know you know what makes everyone else tick. It's a reflection on you that you think everyone else is so motivated by money and power to the degree that Bob Iger has been.

Welcome to the Wonderful World of Capitalism. "You take the good, you take the bad, you take them both and there you have The Facts of Life." If any CEO doesn't have that motivation they also do not last long in that world. Don't kid yourself, Walt himself worked for the money. He might have used the money to realize his dreams, but he always had to be motivated by money. You don't get to your dreams without it.

 

[MisterPenguin]

Glad to know you know what makes everyone else tick. It's a reflection on you that you think everyone else is so motivated by money and power to the degree that Bob Iger has been.

I'm glad to know you can read his mind.

And disagreeing with decisions he's made isn't the same thing.

 

[Lilofan]

Welcome to the Wonderful World of Capitalism. "You take the good, you take the bad, you take them both and there you have The Facts of Life." If any CEO doesn't have that motivation they also do not last long in that world. Don't kid yourself, Walt himself worked for the money. He might have used the money to realize his dreams, but he always have to be motivated by money. You don't get to your dreams without it.

Thanks for explaining the facts of life.