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Sen. Warren slams Disney for layoffs, executives' salaries
Fox Business News ^ | October 14, 2020 | Reuters

Posted on 10/14/2020 6:24:00 AM PDT by buckalfa

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To: buckalfa

“Warren described Disney’s decision to pay dividends and buy back stock BEFORE the pandemic as “short-sighted,”

Because they should have known there would be a once in a century pandemic that shut down the country (and their main revenue sources: theme parks & theaters) for months on end?


21 posted on 10/14/2020 6:37:26 AM PDT by Brookhaven (Only communists call fascists right wing, because only communists are to the left of fascists.)
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To: gibsonguy

Disney is run by leftists who tied themselves at the hip to the Democrat party.

And what has been their reward? California’s Democrat governor still has their biggest moneymaker (Disneyland) closed by order.

Meanwhile, Republican run Florida’s Disney World is opening up.

I hope Disney executives have learned a lesson. They are getting dumped on by the Democrats.


22 posted on 10/14/2020 6:41:07 AM PDT by Brookhaven (Only communists call fascists right wing, because only communists are to the left of fascists.)
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To: buckalfa
...demanding more information from company executives on the measures.

Screw you, bitch. It's none of your damn business unless you're a shareholder and, if that's the case and you're unhappy, sell your shares. That's the extent of your power. Oh, and read the Constitution...evidently you need a refresher course.

23 posted on 10/14/2020 6:41:33 AM PDT by econjack
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To: buckalfa

That would be the ONLY bright side of a Biden victory. Seeing these idiots who support these vermin getting hammered by the raving socialists.


24 posted on 10/14/2020 6:41:42 AM PDT by brownsfan (Behold, the power of government cheese.)
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To: CatOwner
DC swamp rats are truly disconnected with everyday life in America, whether individuals or corporations.

And why not? They get a steady paycheck regardless of what happens to the rest of the country.
25 posted on 10/14/2020 6:45:10 AM PDT by Army Air Corps (Four Fried Chickens and a Coke)
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To: buckalfa

So, Gavin Newsom won’t allow these amusement parks to open back up, and PocaHonky is mad at the amusement parks for the layoffs? But of course.


26 posted on 10/14/2020 6:45:36 AM PDT by Durbin
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To: V_TWIN

Her head is made of dense wood. Nothing else. As much as I despise Disney, in her la-la land of make believe the idea that a company would be formed to make a profit is inconceivable. What? What are stockholders?

When attendance is down by the millions just how in the hell would she expect to sustain thousands of employees? Her mere presence is indicative of a dumbed down electorate. God - help shield us from these arrogant imbeciles.....


27 posted on 10/14/2020 6:46:40 AM PDT by LFOD (Formerly - Iraq, Afghanistan - back home in Dixie.)
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To: LFOD

“When attendance is down by the millions just how in the hell would she expect to sustain thousands of employees?”

That’s easy....in her mind she would just take more off of me and you. You know what they say, socialism is great ‘till you run out of other peoples money.


28 posted on 10/14/2020 6:50:42 AM PDT by V_TWIN
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To: buckalfa

Considering Disney owns ABC/ESPN, I’m all for backing Chief Spreading Bull when she goes after them. Big Yech too for that matter.

Hey Liewatha, wanna go after Comcast or Time Warner next? You have my full support.


29 posted on 10/14/2020 6:52:35 AM PDT by FLT-bird
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To: buckalfa

Disneyland....the superspreader....


30 posted on 10/14/2020 6:55:50 AM PDT by Sacajaweau
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To: buckalfa

And there’s your next Labor Secretary in a Biden Administration.


31 posted on 10/14/2020 7:09:29 AM PDT by ReleaseTheHounds ("The problem with Socialism is that eventually you run out of other people's money." M. Thatcher)
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To: buckalfa

During this layoff, how many foreign nationals did Disney hire?


32 posted on 10/14/2020 7:10:51 AM PDT by central_va (I won't be reconstructed and I do not give a damn...)
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To: buckalfa

So, Dizzyny should operate at a loss.


33 posted on 10/14/2020 7:13:14 AM PDT by Lazamataz (The NYT commits acts of violence with their words.)
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To: buckalfa

You can’t have it both ways. Shut it down with no consequences.


34 posted on 10/14/2020 7:13:48 AM PDT by jersey117
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To: buckalfa

I would have been on her side if she had asked if Disney was hiring foreign nationals at the same time they were laying off American citizens.


35 posted on 10/14/2020 7:16:17 AM PDT by central_va (I won't be reconstructed and I do not give a damn...)
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To: gibsonguy

I think FReepers need to just stay out of this one, personally I have no dog in this fight, lost respect for Disney a long time ago when they screwed over their IT workers for cheap H1b labor.


36 posted on 10/14/2020 7:18:29 AM PDT by the_individual2014
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To: faithhopecharity
Just shows how stupid she is, it is Noisome Newsom that is responsible for the majority of Disney layoffs because he refuses to allow the Anaheim Resort and other amusement parks to reopen, not to mention the tens of thousands of employees of related businesses. What does she expect Disney to do, screw their shareholders even more by paying salary to people while the park is shut down?

This moron in defending Noisome by attacking Disney is just proving how little the democraps care to tens of thousands of union voters.

37 posted on 10/14/2020 7:21:03 AM PDT by Mastador1
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To: buckalfa

I heard Hollywood was shutting down for 2 years ,LOL


38 posted on 10/14/2020 7:28:00 AM PDT by butlerweave
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To: buckalfa

Wait, so her complaint is that for many years, they have returned profits to shareholders, but NOW, when their theme park is unncessarily shuttered by a democratic governor in california, they are laying off the workers — in part because they cannot get them COVID help since the democrats in congress are blocking it?

Elections have consequences. If you are a Disney worker in California, realize that the Disney workers in Florida all have jobs, because they have a republican governor, and you are all unemployed, and not getting supplemental pay, because of democrats.


39 posted on 10/14/2020 10:04:05 AM PDT by CharlesWayneCT
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To: buckalfa

Disney is in serious financial trouble, much more than most here realize. They just finished buying Fox for billions of debt, right before the shutdown.

Almost every single money making Disney operation is shutdown or was shutdown for a long time.

Right now, they can’t release movies to movie theaters, many TV shows are shutdown or have only recently begun to shoot. Their cruise ships are docked until next year, and Disneyland is still shutdown in CA.

Their support for SJW and BLM is turning people away from them

They are bleeding money and the Democrats they support are doing it to them. Karma baby, Karma!


40 posted on 10/14/2020 10:13:23 AM PDT by packrat35 (Pelosi is only on loan to the world from Satan. Hopefully he will soon want his baby killer back)
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