Re: Go Woke... Go Broke... Disney Begins Layoffs.

On 11/12/22 5:04 PM, Lustern wrote:
> This is what happens when you cater to 1 percent of the population.
> 
> "Woke Fail: Disney Begins Layoffs, Hiring Freeze, and Limiting Employee
> Travel as Stock Crashes"
> 
> <https://www.breitbart.com/entertainment/2022/11/12/woke-fail-disney-
> begins-layoffs-hiring-freeze-and-limiting-employee-travel-as-stock-
> crashes/>
> 
> 
> "It’s been a bad week for the Walt Disney Co.
> 
> First, Florida Gov. Ron DeSantis (R) won re-election in a landslide
> victory on Tuesday. Then Disney’s corporate earnings disappointed Wall
> Street, sending its stock crashing to new lows. Now the entertainment
> giant is reportedly planning layoffs, a targeted hiring freeze, and
> travel limitation on its employees.
> 
> 
> In a letter to top company executives obtained by multiple news outlets,
> Disney CEO Bob Chapek said the austerity measures will be “difficult” but
> necessary.
> 
> “I am fully aware this will be a difficult process for many of you and
> your teams. We are going to have to make tough and uncomfortable
> decisions. But that is just what leadership requires, and I thank you in
> advance for stepping up during this important time,” he wrote.
> 
> “Our company has weathered many challenges during our 100-year history,
> and I have no doubt we will achieve our goals and create a more nimble
> company better suited to the environment of tomorrow.”
> 
> He said Disney will also be conducting a “rigorous review of the
> company’s content and marketing spending,” with all of these efforts
> being overseen by newly formed “cost structure taskforce” comprised of
> Chapek, CFO Christina McCarthy, and general counsel Horacio Gutierrez.
> 
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> 
> It remains unclear how many workers Disney will layoff and which areas of
> the company they will come from.
> 
> As Breitbart News reported, Disney shares plummeted this week after the
> company reported fiscal fourth-quarter earnings that fell short of
> expectations, putting the company’s future profitability into question.
> Disney revealed that it lost a stunning $1.5 billion on its streaming
> entertainment services as it seeks to build out Disney+ and Hulu in an
> effort to compete with Netflix and other competitors.
> 
> Disney picked a political fight with Gov. DeSantis earlier this year over
> the state’s Parental Rights in Education Law, which prohibits the
> teaching of sexuality and gender ideology — including transgenderism — to
> children in kindergarten through third grade.
> 
> Caving to pressure from a small group of radicalized employees, Chapek
> condemned the law and pledged that Disney would embrace radical LGBTQ
> activism going forward.
> 
> So far this year, shares of Disney are down a whopping 62 percent.
> 
> Follow David Ng on Twitter @HeyItsDavidNg. Have a tip? Contact me at
> [email protected]
> 
> "
> 
Who knew Mickey Mouse would turn out to be a pervert?

-- 
-That's Karma-

Democrats attempt at mandating assimilation into their Marxist 
collective is futile, a successful resistance is inevitable.