“..People are panicking — and rightfully so — because nobody is telling them anything.”
Disney is just another Mickey Mouse outfit.
Yup. Being acquired sucks. Part of it is that Disney probably hasn’t made all the decisions. Last time I got bought there were layoffs on day one, and they straight out said they weren’t done, there would be more in 60 to 90 days as they got a better handle of how the companies fit together.
Do Disney staffers voice their frustrations as Mickey or Donald?
If only we had Fascism! Then the politicians would control all of the private corporations and these tragedies would not occur! [/s]
learn to code
Tough toenails, it’s happened to plenty of us.
They’ll throw you away like yesterday’s newspaper!
Somebody hasn't been in private industry very long. It happened to me, it's happened to all of my friends, and unless you're working for your Dad's auto parts store (and maybe even then) it'll happen to you. Suck it up and enjoy the Trump job glut.
eeek .. eeek eeekkk!! Et Tu Disney!!
Maybe they should have brought in Mitt Romney to negotiate the buyout (2012 joke).
I lost my job at Time Warner Cable after 19-1/2 years in 2010 and still struggling. I received three weeks pay for every year I had worked but have gone through rounds of unemployment and contractor work ever since. I expect I’ll retire early in a few more months.
So part of me has sympathy for what these employees are going through but also a bit of schadenfreude that they expected their parent company’s liberal policies would somehow not affect them personally.
“Normal operations when mergers happen. They should have .........................”
This is probably the nice, gentle and kind phase I, by the HR ghouls.
The next 2 phases will be brutal.
People will be escorted off the premises, by security guards with a Kinko box loaded with heir personal belongings.
First I heard that Fox News and Fox Business News weren’t part of the deal.
Gee, there’s a tragic loss to humanity.
Wonder how many positions could’ve been saved if ABC hadn’t renweed “The Connors”. ...
After what Fox did to Jeanine Pirro I hope they all get the ax.
Disney is another big multinational corporation that needs to be broken up under anti-trust laws. Too much concentrated power.
“When you wish upon a star,....”
Having gone through a few, I have a template for mergers.
1. Evaluate where you sit. If you are in a fungible position (accounting, management, etc) get the resume polished up.
2. Evaluate your current location. If you are in a factory, and the combination of the merger means the supply will exceed the demand, call a head hunter today.
3. Look at the culture. If you don’t feel you will mesh with the new company, prepare an exit.
In other words, assume that you will be let go and prepare accordingly. Made it through three so far and left one before it got time to cut heads. Didn’t regret any of it.
Be a merc, not a company man. The company doesn’t care about you.