Thread regarding Disney layoffs

We’re done for

All of us who are furloughed are getting fired

God help us all

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| 2281 views | | 9 replies (last August 24, 2020) | Reply
Post ID: @OP+16d0qtNo

9 replies (most recent on top)

disney is the worst company

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Post ID: @ojyg+16d0qtNo

Tens of thousands of employees, just at Walt Disney World, are still furloughed.

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Post ID: @dztk+16d0qtNo

In the next several weeks, most likely widespread layoffs and early retirements at Walt Disney World and Disneyland are coming. This will involve tens of thousands of people. The company's fiscal year ends on September 30 and they will not want to carry furloughed employees (getting paid insurance coverage) into the new fiscal year. In this way, they can take the financial write-offs associated with all these separations before the new fiscal year starts. This is the best business solution awaiting them and will impact the stock price the least moving forward.

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Post ID: @ceoe+16d0qtNo

The Studio has been bringing people back for a couple of weeks. That doesn't necessarily mean anything for Parks, but it's a start.

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Post ID: @cuvl+16d0qtNo

Most people are still furloughed .. soon to be fired

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Post ID: @6jio+16d0qtNo

There are over 25,000 still on furlough that work with Disney in Central Florida... just look at the local news articles with all the union numbers still furloughed. Plus, there are hundreds of cast members that are still furloughed that are not union members.

It's a horrible situation... so many will soon be in dire straits, unless WDW looks to the future and it's 50th Anniversary in 2021.

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Post ID: @2vyp+16d0qtNo

We will be living on the streets in a month or so.

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Post ID: @qsz+16d0qtNo

I'm not surprised .I see it coming been here 30 yrs.

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Post ID: @uvv+16d0qtNo

How many people at WDW are still on furlough? I thought most returned by now with the reopening.

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Post ID: @not+16d0qtNo

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