DIS Shareholders and Stock Info ONLY

https://www.laughingplace.com/w/new...yoffs-will-not-affect-frontline-cast-members/

Team,

On yesterday’s earnings call, Bob announced a strategic reorganization that refocuses the company on creativity, empowers our creative leaders and ensures we have accountability for our businesses globally. As you heard yesterday, effective immediately, the company will be reorganized into three core business segments: Disney Entertainment, co-chaired by Alan Bergman and Dana Walden, ESPN, led by Jimmy Pitaro, and Disney Parks, Experiences and Products, which I will continue to lead.

Our colleagues in Disney Media and Entertainment Distribution (DMED) and International Content and Operations (IC&O) will be immediately joining either Disney Entertainment, ESPN, a shared services team that supports both of those new business segments, or a corporate organization.

I’m inspired by Bob’s clear vision and I’m excited for us to contribute to a new era of exceptional storytelling. It’s an incredible privilege to lead Disney Parks, Experiences and Products and work with all of you as we collaborate with teams across the company to embark on this next chapter in Disney’s history.

Over the last few years, we’ve faced a great deal of disruption and change, and I am extraordinarily proud of the resilience you all have displayed — you embraced the need for transformation by implementing new processes, developing creative solutions, and identifying opportunities to improve our business across the organization. I know it hasn’t always been easy, but we have continued to deliver outstanding results and I’m thankful for your hard work.

As we look to the future, I want you to know that the Guest and consumer experience remains at the core of all we do, and we will continue to listen to feedback and make decisions that enhance the quality of their experience.

Our businesses provide an immersive, live canvas for Disney’s unrivaled catalog of content, enhancing the value of our brands and franchises with real world experiences that connect Guests and fans to the stories and characters they love. We remain committed to our legacy of delivering these innovative and meaningful storytelling experiences and will continue to invest in our business with immersive, relevant content around the world. Yesterday’s announcement of an Avatar experience coming to the Disneyland Resort is just one example of this.

Finally, as was shared on the earnings call, the company is targeting significant savings across all businesses and the reorganization will result in necessary reductions to our overall workforce. While our teams have made great progress in contributing to cost savings, these measures affect every segment and organization — including ours — and are vital as we implement more cost-effective, coordinated, and streamlined operations. As we determine our approach on achieving these savings, we will remain focused on delivering the best guest and consumer experiences, and do not expect this to affect our hourly frontline Operations roles.

I know how difficult this is to hear and understand the anxiety that comes with this kind of uncertainty. We will do everything we can to be transparent as things progress, and most importantly, we will act with respect and care every step of the way.

I truly believe in this company, am confident in its future, and look forward to building upon our remarkable success.

Thanks for all you do.

Josh
 
https://www.fox35orlando.com/news/universal-orlando-to-hire-thousands-at-its-florida-theme-parks

Jobs at Universal Orlando: Florida theme park looking to fill 2,500 jobs
By FOX 35 News Staff
Published February 8, 2023 2:14PM

ORLANDO - Universal Orlando Resort is hiring over 2,500 jobs at its theme parks across the city, the company announced Tuesday.

Universal is looking to hire team members for full-time, part-time, seasonal hourly, and professional career opportunities across the entire resort. The positions available include custodial, parking and transportation, security, paramedics, entrance operations, call center, and more.

The resort said competitive hourly pay is offered for its team members.

Other positions that have opened reside within the resort's food and beverage team roles such as full-service wait staff, cooks, cashiers, dishwashers, quick service personnel, and food and beverage management.

Those who like to get wet can apply for aquatic positions including deep-water lifeguards, shallow-water lifeguards, slide attendants, and more at Universal Volcano Bay water theme park.

Professional career opportunities are also available supporting Technical Services, IT, Finance, Marketing & Sales, Digital Technology, Human Resources, and more. These professional opportunities offer competitive salaries and comprehensive benefits packages.

Universal is celebrating Mardi Gras at its resorts through April 16, 2023, featuring a dazzling Mardi Gras parade, mouthwatering cuisine inspired by global Carnaval celebrations and, on select nights, live concerts by top names in music.

Universal team members have access to perks like free park admission, discounts, complimentary guest passes, tuition reimbursement and 401(k) plans with excellent company match for eligible full- and part-time Team Members and more.
 
https://www.fox35orlando.com/news/universal-orlando-to-hire-thousands-at-its-florida-theme-parks

Jobs at Universal Orlando: Florida theme park looking to fill 2,500 jobs
By FOX 35 News Staff
Published February 8, 2023 2:14PM

ORLANDO - Universal Orlando Resort is hiring over 2,500 jobs at its theme parks across the city, the company announced Tuesday.

Universal is looking to hire team members for full-time, part-time, seasonal hourly, and professional career opportunities across the entire resort. The positions available include custodial, parking and transportation, security, paramedics, entrance operations, call center, and more.

The resort said competitive hourly pay is offered for its team members.

Other positions that have opened reside within the resort's food and beverage team roles such as full-service wait staff, cooks, cashiers, dishwashers, quick service personnel, and food and beverage management.

Those who like to get wet can apply for aquatic positions including deep-water lifeguards, shallow-water lifeguards, slide attendants, and more at Universal Volcano Bay water theme park.

Professional career opportunities are also available supporting Technical Services, IT, Finance, Marketing & Sales, Digital Technology, Human Resources, and more. These professional opportunities offer competitive salaries and comprehensive benefits packages.

Universal is celebrating Mardi Gras at its resorts through April 16, 2023, featuring a dazzling Mardi Gras parade, mouthwatering cuisine inspired by global Carnaval celebrations and, on select nights, live concerts by top names in music.

Universal team members have access to perks like free park admission, discounts, complimentary guest passes, tuition reimbursement and 401(k) plans with excellent company match for eligible full- and part-time Team Members and more.
I say they hire 3/4 of that Disney office staff after we board it up! 😉
 
Activist investor Nelson Peltz declares Disney proxy fight is over after Iger unveils restructuring
Nelson Peltz declared the proxy fight between his firm, Trian Fund Management, and Disney was over on Thursday following the company’s announced restructuring.
Face saving after realizing that the proxy fight would fail.
ETA: I'm still voting against the entire board.
Funny, I did that last year. But this year I'm voting for all of them. So I guess our votes will cancel out. ;)
 

Funny, I did that last year. But this year I'm voting for all of them. So I guess our votes will cancel out. ;)
I usually don't vote at all but their re-upping of 2.0 only to fire him a few months later, with a boatload of cash going with him, can only mean they are completely out of touch with what is really going on with the company. Some kind of message needs sending.
 
I find it interesting that they are setting ESPN up in a separate business unit and not including ABC. Several things suggest themselves with this move.

The most obvious is that it makes it easier to sell or spin off ESPN. However Bob says that's not the case.

How about making it a bit more arm's length when getting into sports gambling?
 
Did Peltz sell yesterday morning and reverse the early big gains of DIS stock? Or did Wall Street come to the conclusion after study that Iger's Big Plan won't turn the company around?
 
Did Peltz sell yesterday morning and reverse the early big gains of DIS stock? Or did Wall Street come to the conclusion after study that Iger's Big Plan won't turn the company around?
I dont think he sold …the price shot up and people jumped at the opportunity
 

Disney has ‘long way to go’ to rebuild theme park reputation: Expert​

https://finance.yahoo.com/video/disney-long-way-rebuild-theme-164101274.html

This guy must be a poster here LOL. The parks are full almost all the time and yet they have a long way to go? If that were true, wouldn't it show up in attendance numbers? Not to say it won't happen in the future but to say it while business is still very good seems a bit clickbaity.
 

Disney has ‘long way to go’ to rebuild theme park reputation: Expert​

https://finance.yahoo.com/video/disney-long-way-rebuild-theme-164101274.html

This guy must be a poster here LOL. The parks are full almost all the time and yet they have a long way to go? If that were true, wouldn't it show up in attendance numbers? Not to say it won't happen in the future but to say it while business is still very good seems a bit clickbaity.
They are full right now but you have to remember how far in advance these trips are planned. Usually 6 months to a year for most. I do think they are worried about future attendance. Why else would they put out that dining offer? They don't put out discounts to make guests happy.
 
They are full right now but you have to remember how far in advance these trips are planned. Usually 6 months to a year for most. I do think they are worried about future attendance. Why else would they put out that dining offer? They don't put out discounts to make guests happy.
That discount is less than the dining offers they had back in 2018/19 when they had higher attendance. No, I don’t think they’re worried about attendance based on that offer existing.
 
That discount is less than the dining offers they had back in 2018/19 when they had higher attendance. No, I don’t think they’re worried about attendance based on that offer existing.
They don't offer discounts for the sake of offering them. They only offer them if bookings are soft.
 
They don't offer discounts for the sake of offering them. They only offer them if bookings are soft.
They’ve offered countless dining offers that covered a wider range of dates and were better discounts. This is an olive branch of something guests have asked for.
 
They are full right now but you have to remember how far in advance these trips are planned. Usually 6 months to a year for most. I do think they are worried about future attendance. Why else would they put out that dining offer? They don't put out discounts to make guests happy.
I think the discounts have more to do with the end of revenge travel, not with guest happiness.
 
My guess is some aren't buying what Iger is selling.
Yup. After you peel it all back, all he said was, "we gonna keep doing what we've been doing, but do it better."

I like the effort to get Pixar back up and running, but without John Lasseter, it's gonna be iffy.
 












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