business

Disney to lay off 32,000 U.S. workers in 2021

9 Comments
By Frederic J. BROWN

The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.

© 2020 AFP

©2021 GPlusMedia Inc.

9 Comments
Login to comment

Go woke go broke as the old saying goes . Disney with what you did to Star Wars and recently Mulan you deserve everything you get. It's just a shame the people lowest down suffer first.

2 ( +5 / -3 )

Go woke go broke as the old saying goes . Disney with what you did to Star Wars and recently Mulan you deserve everything you get. It's just a shame the people lowest down suffer first.

Well said !!!!... 1000% agree!!..

2 ( +5 / -3 )

"The Happiest Place on Earth," ha ha ha... Disney doesn't care a mouse's poop about their labor pool. My buddy who's worked for them for 20 years has been laid off twice.

7 ( +7 / -0 )

The Tragic Kingdom - for its serfs, that is.

3 ( +3 / -0 )

Even though the most logical thing to do is cut executives on their pay. They’re the ones that steered the company the wrong way, they should take the cut.

2 ( +2 / -0 )

Never gonna happen. The US corporate management, military and political models are built on the same principle: upward failure. Once you reach a certain point, you're untouchable. Too may senior people have signed off on your promotions.

1 ( +1 / -0 )

Mickey & Donald et al, on the dole

0 ( +0 / -0 )

Not a word of a lie: just happened to be watching “The Little Mermaid” with my daughter and as I started reading this article the song “poor unfortunate souls” started up.

Achievement unlocked: epic serendipity

0 ( +0 / -0 )

And I was hoping to get my dividend reinstated! Oh well, my Disney shares are up 60% since the March lows, not too shabby.

The move comes on the heels of Disney's $4.7 billion loss in the most recent quarter, which reflected the hit to its theme park business and the derailment or postponement of major movie releases.

Yet in this distorted market, somehow these quarterly losses keep driving up the share price.

0 ( +0 / -0 )

Login to leave a comment

Facebook users

Use your Facebook account to login or register with JapanToday. By doing so, you will also receive an email inviting you to receive our news alerts.

Facebook Connect

Login with your JapanToday account

User registration

Articles, Offers & Useful Resources

A mix of what's trending on our other sites