Disney is in the middle of a new wave of cuts as part of a "cost-saving initiative," sources tell Deadline.
  • Optional@lemmy.worldEnglish
    21·
    2 months ago

    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)_/¯

    • realcaseyrollinsOPEnglish
      12·
      2 months ago

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

      • chiisana@lemmy.chiisana.netEnglish
        2·
        2 months ago

        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.worldEnglish
        11·
        2 months ago

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

        • realcaseyrollinsOPEnglish
          11·
          2 months ago

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