[LittleLinda]

From the article:
“ In February, the company had stated it would be cutting 7,000 positions, which was projected to save about $5.5 billion annually.”
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That’s an average annual salary of $785,000 for each of the 7000 employees. No wonder they’re failing. It’s early in the morning, so maybe there’s something wrong with my math? Or maybe there’s an unmentioned aspect of the cuts, such as the sale of the buildings the 7000 work in? Whichever it is, I’m delighted about the failure of Disney. I hope it’s suggestive that many more people are wise about their pedo culture, and it’s not just a sign that people are suffering too much economically to go to their parks.

[Pete from Shawnee Mission]

L. Linda. Probably includes the anticipated cost of the litigation and Settlement costs each time an employee is caught taking a child guest to Comet Pizza.

Probably a sprinkling of upper management in there, costs of health insurance and retirement benefits, employee training, and costumes and makeup. (How many princesses do you need wandering around your park??)

[Chuckster]

That’s an average annual salary of $785,000 for each of the 7000 employees.

Salaries are only part of the cost of employees.