If you have made any inflammatory social media posts or have gotten into any online altercations, it might be a good idea to do some scrubbing and cross your fingers that nobody archived them...
More rumors about Pixar layoffs
Rumors about layoffs are piling up. Pixar is refusing to give dates or numbers. But with previous job cuts, Disney pressuring its subsidiaries to cut costs, Pixar subleasing some of its office space, trends in the industry, writing is on the wall... — read more
Most employees are underpaid and undervalued at Disney
This place has been treating us like cr-p for decades and that's not about to change any time soon. Those who think this is something new obviously haven't worked here for that long and have this idealized vision of the mouse in their heads from... — read more
Disney studio Pixar poised to cut jobs, number undecided - source
Walt Disney's (DIS.N) Pixar Animation Studios is set to cut jobs as the studio has completed production on some shows and now has more staff than it needs, a source familiar with the situation told Reuters on... — read more
It's all about priorities, right? /facepalm
Disney Suing Family-Owned Car Wash In Chile Over ‘Star Wars’ Theme Because Disney apparently doesn’t have enough problems on its hands, the company has found itself tangled in another... — read more
As Disney increasingly uses AI, who gets hit?
How will AI affect the Disney workforce and management? And how will these transitions occur?
Disney Layoffs 2024
Will there be any Disney layoffs? Any chatter, news or rumors?
Thoughts on Guild Education benefits?
https://disney.guildeducation.com/partner/
Prepare for layoffs
2024 will probably be one of the worst in the company's history when it comes to cuts. If you're not prepared when it happens, it'll be on you.
Disney world
If I will get lay off , will I get Disney world pass still , for life or something like that ? I like to go there. I like to ride on the ride , take photo with Mickey mous ; and also. I like to have the cotton candy. Tasty, tasty, tasty!!!
peltz isn't going to back off this time, and he's going to win
https://www.cnbc.com/2023/11/30/nelson-peltz-seeks-two-seats-on-disney-board.html
Look Who Just Woke Up
In a new corporate disclosure, Disney acknowledges that its controversial political and social agenda is costing the company and shareholders. In its annual SEC report, Disney acknowledges that “we face risks relating to misalignment with public... — read more
insiders who cheered Oger’s return as CEO are anxious and losing faith
Some on the TV and filmed entertainment side worry that with Iger dangling the possibility of selling ABC and cable networks, a downsizing of Disney's studios could be next Oger and his pals at blackrock and vanguard as well as Susan Arnold and... — read more
Cuts confirmed
Disney also said it plans to continue to “aggressively manage” its cost base, increasing its cost-cutting measures by an additional $2 billion to a target of $7.5 billion. https://www.cnbc.com/2023/11/08/disney-dis-earnings-report-q4-2023.html
Disney to Pay Comcast’s NBCUniversal at Least $8.61 Billion for Its Stake in Hulu
Disney DIS 2.74% said Wednesday it expects to pay Comcast’s CMCSA NBCUniversal at least $8.61 billion for its stake in Hulu, as the companies continue complex negotiations over the future of the streaming video... — read more
Guarantee Disney is doing this, and they're probably doing it on this site
Casey Bloys ordered staffers to create fake accounts to fire back at critics, according to text conversations reviewed by Rolling Stone as part of a new... — read more
Layoffs before year's end
What are the chances we're safe at least for the rest of the year?
After 100 years of innovating entertainment, Disney is at a crossroads
As Walt Disney turns 100, investors worry it's beginning to show its age. The share price dropped to its lowest level in nearly nine years as the company stumbles in the age of... — read more
Lost Decades
So a price target for DIS for me is $57, this level is basically assuming the value in 2011 is inflated to 2023 dollars. 2011 was after the value stabilized from the Great Recession but before DIS went on merger mania in an attempt to own all... — read more
Selling off India operations
This is good news. We desperately need an injection of funds right here in the good old U.S. of A. If that means getting rid of some assets in India, so be it.
Disney Hiking Prices on Theme Parks as Much as 21 Percent as Attendance Falters
This should be that 4th quarter boost we need to keep 2023 from looking so incredibly bad!
Last time he caused 7k layoffs, let's see how many it'll be now
Disney Stock Needs a Lift. Activist Investor Nelson Peltz Thinks He Can Provide It. There’s another sequel in the works at Walt Disney but it’s not from Marvel. Activist investor Nelson Peltz is making a second push for a seat on the... — read more
Life is so much better since I left Disney
I highly recommend it.
as a normal person working here how do I get in on this lawsuit?
since about 2018 it feels like I've received an injurious wedgie with every passing week https://www.newser.com/story/340907/disney-sued-over-injurious-wedgie.html
not financial advice
$80 is the floor for a lot of limit order, so if/when the price dips beneath $80, who knows where the bottom is. something to think about as the hardships haven't even begun yet.
Iger
The longer he stays... the further the decline will be. I just cant stand so many talented people being let go. Films and shows deteriorate, Revenue drops, profitability plummets...all the while, management goes on with raises and shares of stock... — read more
ABC Sale
All but a done deal with Nexstar Looks like it's only ABC, no other properties included (for this deal) Likely to close in the coming weeks, probably sooner Not ideal for Disney but warranted given a desperate situation
Exactly
https://twitter.com/DiscussingFilm/status/1704127811399856601
Layoffs
ABC and ESPN ratings down 40% from last weekend FY ends Sep 30 Multiple rounds of cuts starting as soon as October, no later than end of December No confirmed total numbers but in the 5-digit territory Studios and DGEC to be hit hardest and most... — read more
ABC et al.
The only 2 offers for the linear division are from nexstar and byron allen, either of which are valued less than we are going to have to pay for Hulu. Let that sink in…
This is just wrong
There's no money for employees, writers, or actors, but there is always money to pay out executive bonuses. Which keep increasing. The greed of those on the top will end Disney.
GEC/Nexstar
GEC could be sold off to nexstar for pennies on the dollar. Putting those of us who remain with the new owner in the same category as the CW. I think about where this company was 10 years ago, let alone 3 years ago, and I’m just like WTH happened?... — read more
Charter Dispute
Everyone in the linear industry knows John Malone has been making cable deals since the 70s, and he's currently the primary stakeholder in WBD as well as Charter who is going hard after Iger right now. Meanwhile, Comcast is pushing the Hulu sale up... — read more
D23
that was painful...
OMFG $27B DOLLARS
Hulu sale moved up to this month and currently valued at more money than we have on hand. Get your resumes ready. This is absolutely insane. https://deadline.com/2023/09/hulu-disney-comcast-stake-sale-timeline-moved-up-streaming-billion-1235537919/ — read more
Given the financial performance...
...massive layoffs are almost certain. I wish I was wrong, but all is pointing to this. Good luck all and Godspeed.
Disney Hit With Another Investors Suit Over “Fraudulent” Streaming Costs
“Plaintiff brings this action derivatively for the benefit of Nominal Defendant Disney against certain of the Company’s current executive officers and directors aiming to rectify the Defendants’ violations of the Exchange Act and breaches of... — read more
Q1 CUTS CONFIRMED
Get ready, folks. Today was an unmitigated disaster. Do what you must to prepare. More cuts are coming this winter and they're going to be deep.