This is a major problem for Disney because Iger's state approach is to mitigate risk and leverage existing IP by race- or gender-swapping existing characters. Peter Pan and Wendy is likely to be another bo-b, so there is going to have to be a... — read more
It's been a rough year for the Mouse
Woke Disney’s year of enduring box office bo--s, subscriber losses and layoffs It's been a rough year for the Mouse https://www.foxnews.com/media/woke-disneys-year-enduring-box-office-bo--s-subscriber-losses-layoffs
Can anybody share what areas were hit so far?
From what I understand, this round of layoffs is phased. It would be nice to know what was hit so far to have some idea of where we are currently in the bigger picture. I wish there was more transparency about the process but that's too much to... — read more
layoffs = dreams come true for investors
The company recently announced that it was laying off 7,000 workers to cut operating costs, pulling the rug out from under thousands of employees who had dedicated themselves to their work at Disney. The layoffs were praised by the business... — read more
Why is no one speaking about the layoffs going on?
People have already been let go, and some are being told their last day is coming up. Why is social media so quiet about it? Why are those let go not speaking up about it? Are they being told not to say anything to avoid negative publicity?
Sending resumes?
I hope you are preparing on time. The best advice is to always hope for the best, but expect the worst.
Instability of recent years
The last few years have been really tough here with lots of rounds of layoffs. I'm a bit pessimistic in this regard but I'm interested in what you think - - how long will it take before the situation stabilizes and we have somewhat safe jobs we... — read more
Anaheim travel company closing?!
Overheard mgmt discussing plans to move Anaheim travel co operations to Orlando to make room for new cast place! Green building backstage parks rumored to be shut down for park use!
Cost saving tip Disney
Don’t place a multimillion dollar ad in the Super Bowl! Everyone on earth knows who you are.
Parks are still seriously understaffed
I don't see how any of the parks could be affected by these layoffs. We are severely understaffed as it is and I know this is not just an issue for my location. We're yet to recover from the pandemic-related cuts. So many people didn't want to return... — read more
ABC Spinoff
They debunked ESPN being spun off (because of its gambling potential for sure), but what will happen to ABC?
Monopoly
This is the blueprint of every corporate giant to crush the competition. Merger and Acquisitions (Buy off competitors) Layoff in the name of cutting the redundancies Empower their boot licking executives Enslave the acquired employees Redirect... — read more
7000
https://www.theverge.com/2023/2/8/23590901/disney-layoffs-earnings-streaming-bob-iger
Inside Disney, 'nervous and anxious' execs brace for news of cost cuts and layoffs that could number in the thousands
Cost cutting reductions, including layoffs, are expected to hit Disney in the coming weeks and months. CEO Bob Iger has asked top execs to reorganize the former Disney Media Entertainment Distribution division. Evercore ISI suggested Disney... — read more
Recruiters are being notified today
I don't know about anybody else, though.
Disney layoffs
Have layoffs started? There were rumors about today but so far I've heard nothing on that front. If it's not happening today, does anybody know when can we expect it to start? I've tried to talk to my manager about this, but he is being very... — read more
Worst team & mgmt
Bad politics and team overall
Unappreciated, disrespected, mistreated.
Basically what it says on the tin. Disney can hide behind a mask of wholesomeness all they want but it doesn't change the fact that what's behind it is rotten to the core. I haven't been appreciated nor respected as a person here and I don't think... — read more
Peltz is gonna sc--w up Disney real bad!
After he did successfully at GE. There would be probable change of CEO at Disney. https://www.ft.com/content/8d3f9481-49f3-4b98-ae06-71f3e3d38b84
It's a ______world after all...
The initial exuberance and relief following BI's return as Disney CEO has been replaced by anxiety as speculation about a pending corporate restructuring is intensifying — and with it, rumors about the layoffs that are likely to... — read more
Back to the office 4 days a week
So Iger is going to require 4 days a week in the office?
DeSantis packs Palm Beach County Commission and Disney's Reedy Creek Improvement District.
... — read more
Disney World Facing Huge Problem That Could Ruin Your Trip
The question is what will happen when the contract expires. Disney and the union are currently operating under an extension to the original contract, which expired in October. Neither side has said how long the extension lasts, but for workers to... — read more
Fewer layoffs under Iger
Can we expect to see fewer layoffs under Iger or will he turn to reducing the workforce in an attempt to turn things around (even though I don't think things need turning around, we just have a bunch of shareholders with unrealistic expectations... — read more
Inside the Disney drama as CEO Bob Iger returns, replacing protege Bob Chapek
Bob Iger returned to Disney as CEO in November, ending Bob Chapek's rocky tenure. The change comes as Disney contends with mounting financial challenges and likely layoffs in 2023. Here's everything you need to know about what led to... — read more
Wells Fargo: Disney Will Likely Spin off ESPN in 2023
“We think Bob Iger is returning to Disney to make big changes,” they wrote in a commentary. “Spinning ESPN and [TV broadcast network] ABC is the best path forward. We see it as a reasonably probable late-2023... — read more
Disney Layoffs 2023
What's your prediction as it relates to the possiblity of Disney layoffs? Any chatter, news or rumors?
Bob Iger “Alarmed” By Disney World Price Increases & Disliked Layoff Plans
https://www.disneytouristblog.com/bob-iger-alarmed-by-disney-world-price-increases-disliked-layoff-plans/
Iger to Sell Disney to Apple??
I haven't heard Apple specifically but I have heard rumblings about an executive exit plan over the next two years. Stay tuned. https://www.thewrap.com/bob-iger-sell-disney-apple-power-move/
WOW: Yahoo Finance Bob Iger returns as Disney CEO in shocking shakeup. IMO: I like it. Good decision Disney... thumbs up!
https://finance.yahoo.com/news/bob-iger-returns-as-disney-ceo-in-shocking-shakeup-041244009.html IMO: I like it. Good decision Disney... thumbs up!
What is wrong with this company?
Streaming services operate at a loss, parks are an absolute mess.. Maybe our leadership should finally ask themselves if the business strategy is good and what vision they have for the future of the company, instead of solving all their... — read more
Hoping the Rumors Are True
I've been hearing from the internal rumor mill (corporate) that it's less about layoffs and more about the hiring freeze. I've seen some clickbait buzzwords out there like MASSIVE or HUGE, but if the rumors hold true we're not talking "massive"... — read more
Layoffs Loom at Disney as Company Looks to Cut Costs
https://www.pymnts.com/streaming/2022/layoffs-loom-at-disney-as-company-looks-to-cut-costs/
Media Hiring Freeze is Likely Permanent
Chapek is following the MGM model, where Disney will ultimately phase out the media side of the business as more and more IP becomes public domain with more focus being put on vacations, travel, and gambling. Much of this has to do with pressure... — read more
Disney is planning to freeze hiring and cut some jobs
https://www.cnn.com/2022/11/12/business/disney-hiring-freeze-job-cuts/index.html?utm_source=twCNN&utm_medium=social&utm_term=link&utm_content=2022-11-12T22%3A41%3A44