Several years ago on the record Iger said he sees TWDC to be a leaner run company. It is not shocking what is happening. I had survived many a layoffs in places in different states and the call from the finance team to our division to cut expenses , increase efficiency etc is not new to the business world.This is embarrassing.
Here is what I see happening at WDW. Offerings and maintenance are reduced at WDW while prices on everything continue to go up.
This results in less folks wanting to visit and spend money at WDW.
Then the company says they are seeing a declining market at WDW and invest less there when it’s their own fault less folks want to go to WDW.
It seems like a planned thing.