Thread regarding Disney layoffs

Reorganization of world economy

I believe that when companies start bringing back employees they will be selective about it. If you're not brought back they'll give the reason that they're reorganizing their operations and probably will eliminate your position. Or, you may be brought back at a lower salary or reduced hours. The situation is that there will be many more people competing for the same job.

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| 1351 views | | 3 replies (last April 17, 2020) | Reply
Post ID: @OP+14uPmFrl

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This has been the status quo in Corporate America for decades. Downsizing, reducing wages and offshoring are nothing new.

Anyway, since the economy will be tatters once the pandemic is over it's a given that many will not be recalled. People are not going to rush out to the theme parks, the cruises, the movies, etc.

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Post ID: @2ech+14uPmFrl

Hey Sam, this guy is on to something.

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Post ID: @twc+14uPmFrl

You are so right about that jofras. I never thought about that until you pointed it out. It makes perfect sense to me. Are you in finance or something?

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Post ID: @sso+14uPmFrl

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