Disney is in the middle of a new wave of cuts as part of a "cost-saving initiative," sources tell Deadline.
  • realcaseyrollinsBanned from communityOPEnglish
    21·
    2 年前

    I’d expect them to lose at least half of that over the next 3 or 4 years if the recession happens

    • Optional@lemmy.world
      English
      21·
      2 年前

      Okay so they still have 2.5 Billion in their pocket and the net profits from three or four more years?

      Let’s say they “only” make two Billion in net profit for the next three years. They’d have eleven Billion dollars just sitting there. ¯\_(ツ)_/¯

      • realcaseyrollinsBanned from communityOPEnglish
        12·
        2 年前

        Does that make you mad? Do you wish you had that money instead?

        • chiisana@lemmy.chiisana.netEnglish
          2·
          2 年前

          This is Lemmy; theres very vocal cohort of the users who are anti-corporate, poor grasp of the financial system, and have no content to read so they wander out into communities they have no business in.

          Don’t bother.

        • Optional@lemmy.world
          English
          11·
          2 年前

          Er, sure, but - is the larger point not clear? They don’t need to fire people. They’re ludicrously profitable.

          • realcaseyrollinsBanned from communityOPEnglish
            11·
            2 年前

            Not immediately no, but it increases their margins which makes the company more likely to survive a significant economic downturn.