Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Disney is a company in decline. I doubt they'll turn things around. Wokeism is a cancer that destroys all it invades....unless people fight it back really hard every waking moment of every day. Most remain complacent about it until its too late....just ask the 7,000 who lost theri jobs this week.
Wokeism is being pushed very hard by a small minority of extreme radical Leftists, that are determined to destroy American values.
I have not had any Disney service for 10+ years, & while I keep unsubscribing from every email solicitation I get from them, they keep sending more anyways....further alienating me. It shows how desperate they have become.
I'll never go to any Disney park, or entertainment venue, or watch any of theri programming, until they eradicate wokeism totally, & publicly reject it.
Last edited by beach43ofus; 02-10-2023 at 05:24 AM..
Disney just let go of 7,000 employees because of mismanagement at the top.
The further left the Execs went, the worse their financials became, & now everyday workers take the bullet.
They lost their special land designation in Florida by attacking Florida residents & Governor DeSantis when they stopped sex ed for K-3.
Florida residents backed DeSantis by huge margins, and Disney lost special tax treatments, & self-governing privileges.
This is the type accountability we need more of...nationally to fight woke socialist indocrination of our youth.
Well at least you had one fact in your vomit of conjecture. 7000 people were laid off. 3.6% of workforce.
Disney made more money last year than expected. They want to cut $2.5B in sales and general admin expenses. The also want to cut $3B in reducing non-sports content (i.e. no touching ESPN), that's where the 7000 people worked.
In 2020 they laid off 32,000. mostly park workers.
Did Disney executives cause Discovery and Netflix to lose money and layoff people?
Florida, Desantis, Disney execs had nothing to do with the losses. It's a macro trend affecting all streaming services
Disney is laying off 7,000 employees because their streaming services aren`t doing well. That`s 3.6% of their Global workforce. The article says nothing about woke, whatever that is.
It's a macro trend affecting all streaming services
And I remember reading a story some time back that streaming services in Asia was a HUGE target for the previous leadership (i.e. Chapek) and it was losing money.
I think we are seeing significant changes in Disney due largely in part on the return of Iger.
Somewhere on this forum is my thread predicting tumbleweeds rolling silently down the streets of Disney's Main Street U.S.A...........
May be a couple of years. May be a couple of decades.
It was wonderful while it lasted.
It's not going to happen, IMO. I don't think the parks are hurting at all, and the parks are not where the layoffs are occurring. They are as busy as ever. I don't know why people assumed it was the parks, when Disney has branched out into many other areas. I can't find anything to indicate layoffs at the parks. They are probably what's keeping them going. The 7000 is 3% of its' workforce.
"Disney’s streaming services are the main reason for the changes, with high costs driving down profits and activist investor battles threatening the board"
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
The article says nothing about woke, whatever that is.
