Mainecat Posted February 8, 2023 Share Posted February 8, 2023 Ya think it might be the $189.00 per day entrance fee and the 12 dollar Pepsi’s Disney to cut 7,000 jobs as it slashes costs and reorganizes Source: CNBC Disney said Wednesday it is planning to reorganize into three segments, while also cutting thousands of jobs and slashing costs. The media and entertainment giant said it would now be made up of three divisions: Disney Entertainment, which includes most of its streaming and media operations An ESPN division that includes the TV network and streaming service A Parks, Experiences and Products unit The move marks the most significant action Bob Iger has taken since returning to the company as CEO in November. Disney announced the changes minutes after it posted its most recent quarterly earnings. On Wednesday, during its quarterly earnings call with investors, Disney also announced it would be cutting $5.5 billion costs, which will be made up of $3 billion from content, excluding sports, and the remaining $2.5 billion from non-content cuts. Disney executives said about $1 billion in cost cutting was already underway since last quarter. Disney also said it would be eliminating 7,000 jobs from its workforce. That would be about 3% of the roughly 220,0000 people it employed as of Oct. 1, according to an SEC filing, with roughly 166,000 in the U.S. and about 54,000 internationally. Read more: https://www.cnbc.com/2023/02/08/disney-reorganization.html Quote Link to comment Share on other sites More sharing options...
Sleepr2 Posted February 8, 2023 Share Posted February 8, 2023 BOOMING ECONOMY!!!! 1 1 Quote Link to comment Share on other sites More sharing options...
Mainecat Posted February 8, 2023 Author Share Posted February 8, 2023 4 minutes ago, Sleepr2 said: BOOMING ECONOMY!!!! Corporate rape.. Quote Link to comment Share on other sites More sharing options...
Sleepr2 Posted February 8, 2023 Share Posted February 8, 2023 1 minute ago, Mainecat said: Corporate rape.. Disney is one your woke companies. Nice fail. 1 Quote Link to comment Share on other sites More sharing options...
ActionfigureJoe Posted February 8, 2023 Share Posted February 8, 2023 This is after DeSantis gave the them a huge tax cut. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member SnowRider Posted February 8, 2023 Platinum Contributing Member Share Posted February 8, 2023 Quote Link to comment Share on other sites More sharing options...
Doug Posted February 8, 2023 Share Posted February 8, 2023 Biden economics at it best Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member SnowRider Posted February 8, 2023 Platinum Contributing Member Share Posted February 8, 2023 Just now, Doug said: Biden economics at it best 3.4% unemployment Quote Link to comment Share on other sites More sharing options...
Sleepr2 Posted February 8, 2023 Share Posted February 8, 2023 17 minutes ago, SnowRider said: 2 Quote Link to comment Share on other sites More sharing options...
Sleepr2 Posted February 8, 2023 Share Posted February 8, 2023 17 minutes ago, SnowRider said: 3.4% unemployment 7000 jobs lost on one company Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted February 8, 2023 Platinum Contributing Member Share Posted February 8, 2023 33 minutes ago, Mainecat said: Corporate rape.. Your company ever lose a customer? Quote Link to comment Share on other sites More sharing options...
ActionfigureJoe Posted February 9, 2023 Share Posted February 9, 2023 46 minutes ago, Sleepr2 said: 7000 jobs lost on one company 3% of the workforce Quote Link to comment Share on other sites More sharing options...
Mainecat Posted February 9, 2023 Author Share Posted February 9, 2023 33 minutes ago, ActionfigureJoe said: 3% of the workforce High paid executives. Quote Link to comment Share on other sites More sharing options...
ActionfigureJoe Posted February 9, 2023 Share Posted February 9, 2023 10 minutes ago, Mainecat said: High paid executives. Iger came back and made some cuts. Just like Musk Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member ViperGTS/Z1 Posted February 9, 2023 Platinum Contributing Member Share Posted February 9, 2023 1 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Skidooski Posted February 9, 2023 Platinum Contributing Member Share Posted February 9, 2023 Never seen people put in such hard work to make 7000 jobs lost at just one company seem like no big deal. And Disney isn't the only one either Quote Link to comment Share on other sites More sharing options...
racer254 Posted February 9, 2023 Share Posted February 9, 2023 1 hour ago, Skidooski said: Never seen people put in such hard work to make 7000 jobs lost at just one company seem like no big deal. And Disney isn't the only one either You have a few people here constantly trying to make the obvious seem opposite of what it actually is. Quote Link to comment Share on other sites More sharing options...
ActionfigureJoe Posted February 9, 2023 Share Posted February 9, 2023 1 hour ago, Skidooski said: Never seen people put in such hard work to make 7000 jobs lost at just one company seem like no big deal. And Disney isn't the only one either Remember all of those that celebrated and laughed at the 3500+ loss of jobs at Twitter? Weird how that works. Quote Link to comment Share on other sites More sharing options...
racer254 Posted February 9, 2023 Share Posted February 9, 2023 Just a BOOMING economy. You fucks had to put in a 47 year plus politician....WHY? Bunch of fucking idiots even on this forum. Bed Bath & Beyond is closing 150 more stores — just a week after the struggling retailer announced the closure of 87 locations. The company's brick-and-mortar footprint has already shrunk dramatically, a regulatory filing showed late Monday, and the new closings mean it will have shuttered 400 stores in the past year — almost half the 950 or so stores it had open in February 2022. That includes last week's announcement that it was also closing all 49 remaining Harmon Face Value stores, which sold cosmetics; plus 5 buybuy Baby locations. A list of the new store closures wasn't immediately available. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member SnowRider Posted February 9, 2023 Platinum Contributing Member Share Posted February 9, 2023 1 minute ago, racer254 said: Just a BOOMING economy. You fucks had to put in a 47 year plus politician....WHY? Bunch of fucking idiots even on this forum. Bed Bath & Beyond is closing 150 more stores — just a week after the struggling retailer announced the closure of 87 locations. The company's brick-and-mortar footprint has already shrunk dramatically, a regulatory filing showed late Monday, and the new closings mean it will have shuttered 400 stores in the past year — almost half the 950 or so stores it had open in February 2022. That includes last week's announcement that it was also closing all 49 remaining Harmon Face Value stores, which sold cosmetics; plus 5 buybuy Baby locations. A list of the new store closures wasn't immediately available. 3.4% unemployment lowest on over 50 years Quote Link to comment Share on other sites More sharing options...
racer254 Posted February 9, 2023 Share Posted February 9, 2023 1 minute ago, SnowRider said: 3.4% unemployment lowest on over 50 years It's called DECEPTION and LIES and you fall for it. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member SnowRider Posted February 9, 2023 Platinum Contributing Member Share Posted February 9, 2023 Just now, racer254 said: It's called DECEPTION and LIES and you fall for it. What’s deceptive? Do Repug admins use the same numbers and sources? Quote Link to comment Share on other sites More sharing options...
racer254 Posted February 9, 2023 Share Posted February 9, 2023 Just now, SnowRider said: What’s deceptive? Do Repug admins use the same numbers and sources? Don't fret, you learned a new word with this administration....OLIGARCHS. Now you have a new enemy, yet you really have no clue who they are. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member SnowRider Posted February 9, 2023 Platinum Contributing Member Share Posted February 9, 2023 2 minutes ago, SnowRider said: What’s deceptive? Do Repug admins use the same numbers and sources? 1 minute ago, racer254 said: Don't fret, you learned a new word with this administration....OLIGARCHS. Now you have a new enemy, yet you really have no clue who they are. Care to answer the questions? Quote Link to comment Share on other sites More sharing options...
racer254 Posted February 9, 2023 Share Posted February 9, 2023 6 minutes ago, SnowRider said: Care to answer the questions? Who are these AMERICAN oligarchs that you have now been taught to complain about? Quote Link to comment Share on other sites More sharing options...
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