Disney cuts 300 workers, offers executives early retirement

[image] Disney cuts 300 workers, offers executives early retirement Linked article latimes.com ↗

Disney cuts 300 workers, offers executives early retirement

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3 comments

  • mctoasterson4via usa@lemmy.ml

    Their stream subscription prices are insane. Their merch and merch licensing fees are priced insane. Their park admission, hotels, and dining prices are all insane.

    Really if Disney ever has to make cuts, they are doing something horribly wrong. They are one of the few companies that has a functionally infinite money printer.

  • group_hug7via usa@lemmy.ml

    Could probably afford to keep paying the 300 hundred workers if they didn't have to pay for the executives golden parachutes.

    • boonhet0

      They could afford to keep paying them anyway, company has a ton of money but large companies unfortunately tend to hire more people than they actually need when times are good and if they can't find a good use for those people, it makes no sense to keep them. Basic mismanagement