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Disney to cut 28,000 jobs in US theme parks

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abbby
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Disney to cut 28,000 jobs in US theme parks

Post by abbby » Wed, 30 Sep 2020 9:39 am

Who would have ever known, such enormous companies would also come to a day of job cutting. I think nobody in this world had ever predicted this pandemic. :shock:
The secret of life is honesty and fair dealing. If you can fake that, you've got it made. - Groucho Marx (1890-1977)

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Re: Disney to cut 28,000 jobs in US theme parks

Post by bgd » Wed, 30 Sep 2020 12:50 pm

I think pandemics have been predicted and even planned for. What wasn't factored in is that most of the world seems to populated by idiots.

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Re: Disney to cut 28,000 jobs in US theme parks

Post by tt1973 » Thu, 01 Oct 2020 7:28 am

Jobs cut everywhere in SG and the world yet new condos are snatching up as we speak.

Don't quite understand the buying sentiments here.

Aren't the general public aware of the economy recession here? Or only the poor and middle classes are affected and the rich gets even richer?

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Re: Disney to cut 28,000 jobs in US theme parks

Post by PNGMK » Thu, 01 Oct 2020 8:11 am

tt1973 wrote:
Thu, 01 Oct 2020 7:28 am
Jobs cut everywhere in SG and the world yet new condos are snatching up as we speak.

Don't quite understand the buying sentiments here.

Aren't the general public aware of the economy recession here? Or only the poor and middle classes are affected and the rich gets even richer?
There is no where else to put money that has any chance of growth.
I not lawyer/teacher/CPA.
You've been arrested? Law Society of Singapore can provide referrals.
You want an International School job? School website or http://www.ISS.edu
Your rugrat needs a School? Avoid for profit schools
You need Tax advice? Ask a CPA
You ran away without doing NS? Shame on you!

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Re: Disney to cut 28,000 jobs in US theme parks

Post by Max Headroom » Thu, 01 Oct 2020 10:29 am

1. The pool of people is shrinking and may well continue to shrink for the foreseeable future.
2. The pool of new properties is growing and will continue to grow for the foreseeable future.
3. Yield-seekers with nowhere to go decide to plough their money into new properties.

What could possibly go wrong?

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Re: Disney to cut 28,000 jobs in US theme parks

Post by bgd » Thu, 01 Oct 2020 11:41 pm

Max Headroom wrote:
Thu, 01 Oct 2020 10:29 am
1. The pool of people is shrinking and may well continue to shrink for the foreseeable future.
2. The pool of new properties is growing and will continue to grow for the foreseeable future.
3. Yield-seekers with nowhere to go decide to plough their money into new properties.

What could possibly go wrong?
I refer you back to my post about idiots!

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Re: Disney to cut 28,000 jobs in US theme parks

Post by abbby » Fri, 02 Oct 2020 9:43 am

While I read that those who bought new launch properties, sometimes almost half don't actually exercise the options. Maybe rash decisions and lack of finance.
The secret of life is honesty and fair dealing. If you can fake that, you've got it made. - Groucho Marx (1890-1977)

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