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Disney will slash thousands of staff NEXT WEEK - including 15% of its entertainment division - as firm seeks to ax 7,000 of its 220,000 global workforce amid ongoing clash with Florida Gov. Ron DeSantis
Daily Mail UK ^ | April 19, 2023 | Neirin Gray

Posted on 04/19/2023 10:20:46 AM PDT by Morgana

The Walt Disney Company is going to cut thousands of staff next week - including 15 percent of its entertainment division.

Disney has around 220,000 employees globally, around 170,000 of which are in the US.

The layoffs will affect all major divisions of the roughly $185 billion company, which was recently split into: entertainment, ESPN and parks and resorts.

Disney parks employs the majority of workers in the US - around 100,000 people in 2020, according to the latest publicly available figures - but it's unclear exactly how many staffers are being cut from each division.

These plans were first reported by Bloomberg, but align with an announcement in February in which the company said it would ax 7,000 positions to cut annual costs by $5.5 billion.

The company is currently embroiled in a bitter war with Florida governor Ron DeSantis who is trying to dissolve a private government controlled by Walt Disney World that provides municipal-like services for its 27,000 acres of land in Florida.

Some employees are expected to be notified of the cuts as soon as April 24, according to Bloomberg, which spoke with company insiders.

They will have considerable impact on Disney Entertainment, which houses the company's streaming and film and TV operations.

ESPN, which came under Disney's ownership in 1995, is one of the smallest divisions in the company with only around 5,000 employees worldwide as of 2023, according to its own website.

Disney has been adapting to new leadership since former CEO Bob Iger returned in November after retiring from the same position in 2020.

(Excerpt) Read more at dailymail.co.uk ...


TOPICS: Business/Economy
KEYWORDS: antiwoke; desantis; disney; disneygroomers; disneygrooming; fl; florida; grooming; grromers; nogroomers; nopedos
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1 posted on 04/19/2023 10:20:46 AM PDT by Morgana
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To: Morgana

They can blame DeSantis all they want. The truth is that Disney is weak creatively and is producing woke, unmarketable garbage.


2 posted on 04/19/2023 10:23:13 AM PDT by allendale
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To: Morgana

Crash and burn, just like you did to Star Wars. Maybe Elon could buy it.


3 posted on 04/19/2023 10:29:19 AM PDT by Telepathic Intruder
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To: Morgana

Go woke go broke.


4 posted on 04/19/2023 10:29:29 AM PDT by Beowulf9
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To: allendale

What you said!


5 posted on 04/19/2023 10:29:34 AM PDT by Morgana ( Always a bit of truth in dark humor. )
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To: Telepathic Intruder; Chode; Steely Tom

Maybe they should start selling Bud Light?


6 posted on 04/19/2023 10:30:10 AM PDT by Morgana ( Always a bit of truth in dark humor. )
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To: Morgana

Awwwww... Couldn’t have happened to a more deserving company.

Will they need to cut back on Gay Day staff, or are they going to follow the new woke down-sizing rule of eliminating straight white males first?


7 posted on 04/19/2023 10:30:31 AM PDT by ConservativeWarrior (Fall down seven times, stand up eight. - Japanese proverb)
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To: Morgana
...as firm seeks to ax 7,000 of its 220,000 global workforce amid ongoing clash with Florida Gov. Ron DeSantis insistence and escalation of supporting perversion and the grooming of children. [Fixed it.]
8 posted on 04/19/2023 10:30:43 AM PDT by Common Sense 101
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To: Morgana

I’ll bet all the teenbopper, Mehican senoritas’ jobs are safe though.


9 posted on 04/19/2023 10:31:25 AM PDT by FlingWingFlyer (It's time to indict the Dung Beetle Party's token affirmative action chubby cheeked shyster lawyer.)
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To: Morgana

Disney needs to go out of business. Completely. It is bad for America in general, and very bad for America’s children.


10 posted on 04/19/2023 10:34:10 AM PDT by BenLurkin (The above is not a statement of fact. It is either opinion, or satire, or both.)
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To: Beowulf9; Telepathic Intruder
Go woke go broke.

No, sorry. Thousands of wage slaves will be fired. The corporate suits at the top will get another fat bonus.

11 posted on 04/19/2023 10:36:16 AM PDT by Angelino97
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Blaming its market irrelevance on a meatball


12 posted on 04/19/2023 10:36:49 AM PDT by Gene Eric (Don't be a statist!)
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To: Beowulf9

All the Canadian summer resort jobs are locked down by now so I guess it is back to mom’s basement.


13 posted on 04/19/2023 10:36:52 AM PDT by cnsmom
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To: Morgana

Disney’s failing financial performance isn’t due to Gov. DeSantis. He didn’t squander millions on movies Americans don’t want. He didn’t turn a sports channel into a woke propaganda outlet. He didn’t create anti family culture at the Disney park. He didn’t make movies an exercise in all things liberal agenda. None of it.

BOD should be accountable. Take appropriate actions for shareholders and employees. Hope a class action lawsuit is in the news soon.

Disney as it exists today could close their doors forever and I wouldn’t notice or care in the slightest.


14 posted on 04/19/2023 10:38:29 AM PDT by Made In The USA (Ellen Ate Dynamite Good By Ellen)
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To: Morgana

Maybe Elon needs to buy dizknee?


15 posted on 04/19/2023 10:39:24 AM PDT by rktman (Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this? 😕)
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To: Morgana

Remember, boycotts don’t work.


16 posted on 04/19/2023 10:40:54 AM PDT by crusty old prospector
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To: Angelino97

Correction. Woke wage slaves.


17 posted on 04/19/2023 10:48:58 AM PDT by Beowulf9
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To: allendale; Made In The USA

Journalists are stupid, and they are lazy. “Amid” is heavily used quite a bit these days to link facts that really aren’t linked at all. There’s no connection between DeSantis’ actions and Disney’s woes. The rubes have continued to visit their Florida parks.

On a related topic, has anyone heard of any entrepreneurs planning on making toilet papers, perhaps an extremely violent cartoon, etc when the Steamboat Willie copyright expires on January 1? Oh how Disney reveres that character and I’d be an enthusiastic buyer of any product that drags that image through the mud


18 posted on 04/19/2023 10:51:52 AM PDT by j.havenfarm (22 years on Free Republic, 12/10/22! more then 6500 replies and still not shutting up!)
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To: Morgana; Beowulf9; BenLurkin; allendale; ConservativeWarrior
May not be the reason, but this article catches you up on so many others. I wonder why none of them went to Oregon to teach?

The Babylon Bee: Disney World Forced To Close After DeSantis Builds Elementary School Within 1,000 Feet

https://babylonbee.com/news/disneyworld-forced-to-close-after-desantis-builds-elementary-school-within-1000-feet

19 posted on 04/19/2023 10:52:11 AM PDT by Retain Mike ( Sat Cong)
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To: Morgana

DeSantis should claim responsibility and offer free re-education for those affected. Teach Mickey how to code.


20 posted on 04/19/2023 10:54:51 AM PDT by bigbob
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