Business Down Turn.
Many businesses experience down turns.
Many businesses experience down turns.
Layoffs are nothing new.
Disney has enjoyed the boom, post pandemic.
And Now the down turn as attendance declines,
Negatively impacted by elevated prices.
Has the bubble burst?
Prices that went up to control attendance.
( at least that was the reasoning)
Attendance wasn't controlled
(long waits and huge crowds)
So as attendance declines...
Will prices decline?
Probably not.
But cut backs are coming.
Massive Disney layoffs.
Three rounds of layoffs
7,000 to start off
2nd one larger
3rd being referred to as a "bloodbath".
Shared from a Disney Facebook site...
