Cruise and Theme Park Operational Updates due to Coronavirus

[SaintsManiac]

I’m glad he called California out. Man I hate this stupid virus.

 

[yulilin3]

I'm wondering if the blunt will be of CM that are currently still furloughed, that would make the most sense right?

 

[anthony2k7]

Anyone know numbers of those still furloughed at wdw? Sounds like this will be a fairly substantial % of those still furloughed.

 

[sullivan.kscott]

I’m interested to see where the brunt is. WDW employs over 75,000 by itself. Disneyland is tens of thousands as well. DPEP also includes consumer products. With no opening in sight it seems with DL will they see more layoffs than WDW?

I wondered the same thing. And, if they actually get some guidance from California, how many of these jobs could be “saved.”

 

[hertamaniac]

After hours stock price isn't moving much, but will be interested to see what happens tomorrow.

 

[anthony2k7]

I'm wondering if the blunt will be of CM that are currently still furloughed, that would make the most sense right?

Yeah, but with that being the case it would seem that we must be reaching a limit of what they were planning on reopening at wdw then for the forseeable future.

 

[yulilin3]

Yeah, but with that being the case it would seem that we must be reaching a limit of what they were planning on reopening at wdw then for the forseeable future.

well all attraction CM are working one way or another, so they could still reopen attractions and shows since those CM are already working (aside from equity actors) mostly hotels and food and beverage CM are the ones still furloughed here

 

[Farro]

I'm wondering if the blunt will be of CM that are currently still furloughed, that would make the most sense right?

That's what most companies do.

 

[anthony2k7]

well all attraction CM are working one way or another, so they could still reopen attractions and shows since those CM are already working (aside from equity actors) mostly hotels and food and beverage CM are the ones still furloughed here

Good point on the equity..... wonder how many if any of those are part of the 28000?

 

[TheMaxRebo]

Yeah, but with that being the case it would seem that we must be reaching a limit of what they were planning on reopening at wdw then for the forseeable future.

Guess it depends where the split is and how many furloughed CMs in Florida aren't let go - but definitely musn't feel a full "back to normal" level is anywhere close ... But doesn't mean they can't keep reopening like another 10% of operations each month or soemthjnf

 

[andyman8]

I’m glad he called California out. Man I hate this stupid virus.

Don’t be fooled, this would’ve happened (and the number would’ve been almost, if not just, as large) regardless of what happened in California.

Remember, this also includes Disney Store, DCL, ABD, etc...

 

[OKW Lover]

I'm wondering if the blunt will be of CM that are currently still furloughed, that would make the most sense right?

It would depend somewhat on union contract provisions

 

[TheMaxRebo]

Don’t be fooled, this would’ve happened (and the number would’ve been almost, if not just, as large) regardless of what happened in California. This also includes Disney Store, DCL, ABD, etc...

Well, the CA situation may have acceleratted this/increased the number - but surely isn't the sole cause

 

[abs1978]

Really sad news. 2020 is just brutal. I feel awful for those losing their jobs. Josh didn’t mess around in his statement calling out California. Gosh.

 

[SaintsManiac]

Don’t be fooled, this would’ve happened (and the number would’ve been almost, if not just, as large) regardless of what happened in California.

Remember, this also includes Disney Store, DCL, ABD, etc...

Oh I am not fooled. I'm just glad he called them out. It's absurd that they are putting off reopening.

 

[anthony2k7]

Don’t be fooled, this would’ve happened (and the number would’ve been almost, if not just, as large) regardless of what happened in California.

Remember, this also includes Disney Store, DCL, ABD, etc...

DLP as well?

 

[andyman8]

Well, the CA situation may have acceleratted this/increased the number - but surely isn't the sole cause

My personal opinion here (and I know many will disagree), but I don’t think calling out CA was the right move here. This decision was coming, whether DLR was open and packed or not. The folks who are hit hard here are the PT/Seasonal employees. They’re still going to keep the amount of CMs they need to operate DL when it reopens. The reality is that even if WDW was meeting the goals/expectations execs had laid out, there wouldn’t be much of a need for all these PT/Seasonal CMs, given the current attendance restrictions/operational limitations. Even during strong “normal” times, there are still many PT CMs who will get scheduled one or no shifts in a week. They have to pick up shifts from CPs to get hours often. You’re almost setting up this narrative that California is to blame for this or that if DL reopens, we’re back to normal. I *personally* question the wisdom of that. At the same time, I’m not vilifying Disney or Josh here. It’s a terrible situation — and I can’t imagine any executive wants their first big decision to be lay-offs — but this was likely unavoidable and I doubt the number would look much different had DLR and WDW been open and “selling out” everyday. My hearts go out to all those CMs. I’m sending them strength and prayers, and I’m also thinking of all those CMs who were “spared” who may be losing a friend, a manager, or a confidant because of these layoffs. Both in WDW and DL, the CMs are really communities unlike anything I’ve seen at any other workplace (and I’ve worked in big companies in a variety of industries), so moments like this really hurt especially hard.

 

[mi*vida*loca]

I hope they raise the amount of unemployment very soon. This is heartbreaking for so many.

 

[andyman8]

DLP as well?

It would be included in the segment but I’m not sure if there were any as part of this. My hunch says yes, but I’m looking into it.

To put this number into context, WDW alone employs just under 60,000 when you deduct CPs and IPs.

 

[gottalovepluto]

I’m interested to see where the brunt is. WDW employs over 75,000 by itself. Disneyland is tens of thousands as well. DPEP also includes consumer products. With no opening in sight it seems with DL will they see more layoffs than WDW?

They specifically call out CA for not giving them guidelines so I expect CA to get the brunt of it. There is simply no reason to keep CMs on furlough with no opening in sight. Even if an opening is in sight no reason to keep everyone on furlough as the CA government said today the guidelines will be “stringent”.

As for calling out CA- I think they are desperate. CA government said again today they are talking with the industry and Disney and Cedar Fair have both said they aren’t talking to them. Disney is trying to break the circle of “soon” + “we’re working on it” with everything they’ve got now short of suing.