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

9 Comments
By Frederic J. BROWN

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© 2020 AFP

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9 Comments
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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 )

Mickey & Donald et al, on the dole

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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 )

The Tragic Kingdom - for its serfs, that is.

3 ( +3 / -0 )

"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 )

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 )

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