News Several character meet and greets to be cut at Walt Disney World as labor shortage continues

[Sirwalterraleigh]

So if you're going to take money from someone's retirement to pay a character performer slightly more, you have to be pretty well justified to do it. In this case I think they are, but I also realize that there could be many other determining factors where a straight up wage increase doesn't solve the problem.

You just eloquently explained the lack of grasp of what Disney is by some of its most ardent (and dwindling) defenders.

 

[LSLS]

They have to keep their guests happy in order to keep the revenue coming in.

I think the issue people are really trying to come to grasp is that, guests are really easy to please.

Somewhat. The thing is, when things cost more, people have much higher expectations as well. I'm going to be a lot angrier if my $4,000 wasn't worth it than if my $200 wasn't worth it.

 

[John park hopper]

How can anyone not?

Whether or not John Doe is making enough off his Disney stock to retire on, I seriously don't think Disney doesn't gives two ______ about

 

[Sirwalterraleigh]

Somewhat. The thing is, when things cost more, people have much higher expectations as well. I'm going to be a lot angrier if my $4,000 wasn't worth it than if my $200 wasn't worth it.

Indeed…which is the reason the “luxury” plan is DOA.

Think people willing to fork $15,000 a week want to pay $110 for the noodles at ohana or a bars that close at 10 pm?

 

[Sirwalterraleigh]

Whether or not John Doe is making enough off his Disney stock to retire on. I seriously don't think Disney doesn't give two ______ about

Those ACTUALLY living off Disney stock…are doing so via institutional investors. The largest shareholder is the California public employees retirement fund.

Which means few if any look up DIS at 9:45 am and calculate if the rent will be paid.

They tell kids in college (obviously on this thread)…that all “wealth” is on the American stock exchanges for individuals. That’s a bit of a rosy picture. Watch it play..

 

[el_super]

Somewhat. The thing is, when things cost more, people have much higher expectations as well. I'm going to be a lot angrier if my $4,000 wasn't worth it than if my $200 wasn't worth it.

People's expectations can vary wildly. If your expectation of going on a Disney vacation is watching your kids have fun, and getting lots of pictures to post on instagram, then your expectations for a trip in 2022 are still being exceeded.

Indeed…which is the reason the “luxury” plan is DOA.

I'm getting old and lost track... are we in the thread where we are complaining that no one could possibly want to go or are we in the thread where we are saying the place is still packed despite the reservation caps?

 

[Goofy Ninja]

Wait...don't they serve carved pork loin?


Uh oh.

LOL, oh yeah, I guess he better watch out then. He's got a lot of meat on his bones.

 

[Jrb1979]

People's expectations can vary wildly. If your expectation of going on a Disney vacation is watching your kids have fun, and getting lots of pictures to post on instagram, then your expectations for a trip in 2022 are still being exceeded.

That to me has never made sense. Living vicariously through your kids is something I don't get. That's especially for vacations. I would never take a vacation somewhere for my kids to enjoy if I don't enjoy it too.

 

[Sirwalterraleigh]

I'm getting old and lost track... are we in the thread where we are complaining that no one could possibly want to go or are we in the thread where we are saying the place is still packed despite the reservation caps?

You’ve lost track because you’ve literally been reversing yourself post by post for days…outkicked your coverage here.

I’m not the only one noticing/thinking this.

I hope Burbank pays you to try and lay smokescreen with losts of diversions. You shouldn’t do it for free

 

[Sirwalterraleigh]

That to me has never made sense. Living vicariously through your kids is something I don't get. That's especially for vacations. I would never take a vacation somewhere for my kids to enjoy if I don't enjoy it too.

Living vicariously through your kids is SPECIFICALLY what Disney parks were designed not to do.

But we hate history this week…apparently?

They opened Victoria and alberts just for the kiddies

 

[el_super]

I’m not the only one noticing/thinking this.

Ah. I see you forgot too since you couldn't answer the question.

Anyway the answer is you don't have to worry about Disney. They will be fine.

 

[Sirwalterraleigh]

Ah. I see you forgot too since you couldn't answer the question.

You might want to get your eyes checked…the “vision” isn’t very good at all

 

[Jrb1979]

Living vicariously through your kids is SPECIFICALLY what Disney parks were designed not to do.

But we hate history this week…apparently?

They opened Victoria and alberts just for the kiddies

I agree there. I was more talking in general.

 

[Chi84]

That to me has never made sense. Living vicariously through your kids is something I don't get. That's especially for vacations. I would never take a vacation somewhere for my kids to enjoy if I don't enjoy it too.

Oh I’m pretty sure most people feel the same way. I doubt anyone is spending that much money only to see their kids with Mickey.

 

[TrainsOfDisney]

How can anyone not?

Your argument is that Disney shouldn’t raise the pay for cast members so said cast members have a decent living wage, and actually want to work for Disney so that Disney shareholders can have a decent retirement?

Who is retiring on the amount of returns they get from Disney stock?

The whole argument is so confusing to me.

 

[TrainsOfDisney]

Charge as much as people are willing to pay, pay as little as people are willing to take.

There are certainly qualified executives that are willing to work for less than $32M a year.

 

[MrPromey]

How can anyone not?

As a shareholder who's noticed his missing dividends and who's looking at the share value as he types this.

 

[el_super]

Your argument is that Disney shouldn’t raise the pay for cast members ...

That wasn't my argument.

As a shareholder who's noticed his missing dividends and who's looking at the share value as he types this.

Did you vote at the shareholder meeting? Maybe you can convince the shareholders to make the changes you want to see in the world.

 

[MrPromey]

Did you vote at the shareholder meeting? Maybe you can convince the shareholders to make the changes you want to see in the world.

Funny.

You know full well that as a non-institutional investor, my vote really does squat. (or maybe you're only pretending to understand this stuff, I don't know)

I did get my ballot, though - that's the only thing they bother to send anymore now that they're not sending checks.

That said, what is keeping me in is not wanting to sell at these prices and nothing they seem to be doing "for the investors" appears to be doing much positive, so where's your argument, again?

The whole "their only duty is to the investors" line was all well and fine as a defense when it was trading at $197 last year in the middle of COVID but today at $102 and no dividend, who exactly is being served by anything they're doing while they are making "record breaking" profits?

The "owners" sure aren't seeing any of that surplus.

 

[el_super]

You know full well that as a non-institutional investor, my vote really does squat.

Why do you suppose the institutional investors, the ones that spend all day and night working to understand how these things are supposed to work, have a completely different opinion from yours?


It's so weird how these threads always continually devolve into a rant about how things can't possibly be the way they are...

... And yet they are.