Computer graphics pioneer Alvy Ray Smith says recent layoffs at Disney-owned animation studio Pixar "might be the first step” in its 'Disneyfication', as its parent company continues to cut costs in a major... — read more
175 cut at Pixar
https://variety.com/2024/film/news/pixar-layoffs-175-staffers-cut-1236011766/amp/
EMEA 50% Revenue Drop
Anyone in EMEA have any insight? https://variety.com/2024/tv/global/disneys-uk-commissioning-revenue-drop-1236010138/
Crackdown on cheaters
Disney's theme parks will be making changes to their program that allows those with disabilities to skip lines The move is in response to the misuse of the program by people without disabilities Disneyland will be making slight changes to the... — read more
Steve Job analogy for Disney’s current situation
This one hit home. Who agrees. https://www.facebook.com/reel/1429533884595872?fs=e&mibextid=31ks6x&fs=e&s=TIeQ9V
Layoffs Coming for Disney
Disney's gaming segment, Disney Interactive, has struggled to find an identity in the larger company, and has downsized repeatedly in recent years, seeking consistent profitability. Now, the company is planning to eliminate at least 200 additional... — read more
Finally we can move on
Disney’s Leadership Defeats Anti-‘Woke’ Investor in a High-Stakes Shareholder Battle In a battle much more reminiscent of Succession than Fantasia, Disney’s kingpin Bob Iger turned back activist investors who attempted to wrest control of the... — read more
No layoffs yet
I love how the fearmongers keep yelling "Layoffs are coming!" at the top of their lungs and yet here we are with the first quarter of the year nearly done and there have barely been any cuts so far. Many other companies have had major layoffs already... — read more
What exactly is going on? Any advise is welcome!
So I currently don't work at the Walt Disney Company; but, I've always wanted to. I've applied for various Software engineer roles within the company where I have the experience required (and sometimes have way more experience than what is being... — read more
Happy Friday…can we all say layoffs next week!!!
This is the way.
I wish they would get on with it
Give me severance and let me move on. I'll do it happily.
Walt & Roy want you to know….
Layoffs will be happening. When: Not sure This is they way.
People worry too much
We haven't had cuts in how long? Why not enjoy this downtime instead of constantly thinking about what might happen in three or six months or even a year? I'm not saying there won't be layoffs, I'm just saying there's no point in stressing over it... — read more
A Word To The Wise
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