Disney scraps plans for new Florida campus, mass employee relocation amid DeSantis feud

So if Desantis' end game is to drive Drive Disney out of Florida, then what? Are there other things he wants to use that land for?

 

Oh cool, another Disney/DeSantis thread LOL. Maybe it's because DIS stock has been basically flat for 5 years?

 

Prison camps for LGBQIT people and those who get abortions

 

What would that have to do with anything?
In your own words, please. LOL

 

They laid off a boatload of people and don't want to spend the money. Simple as that. They like other companies might be seeing a recession on the horizon.

Disney begins largest wave of layoffs, targeting thousands at ESPN, Parks, and other divisions | CNN Business

 

And 95 will redirect this thread to the Covid vaccine, also known to the anti-vaxers as Satan’s saliva, in 3….2….1….

 

Not a chance. Their theme park sector is killing it and these were Imagineers for theme parks being moved and a huge new headquarter being built and invested in the state for the future, not short term.

This isn't their streaming sector where the layoffs are happening. Btw, no resort/theme park cast members are being laid off because it is doing so strongly.

 

Corporations layoff people all the time, to right size and realign the business focus. They often to it to free up capital for R&D and expansion very often they do it concurrently. Disney has an announced 17B capital investment budget. I don’t see them backing away from that, they certainly didn’t in their latest report. That money and those jobs and taxes are going to a blue state.

Thanks for playing though..

 

Yeah, they are killing it so much they are closing this down LOL.

https://www.cnbc.com/2023/05/18/disney-worlds-star-wars-galactic-starcruiser-to-shutter.html

 

So they will pay more taxes. Brilliant!

 

This is likely the reason Disney cancelled the relocation -cost cuts.

Disney Cutting 7,000 Jobs, or 3% of Workforce, Eyes $5.5 Billion in Total Cost Reductions

 

So if I understand how this works, whenever anyone moves to Florida its 100% because of government policy, but when someone decides to cancel a move to Florida, its for other reasons.

 

Either nothing happens, Disney stops trying to override the will of the people in Florida as a guest in the state, or Disney leaves and other corporations (it doesn't have to be one) take its place.

I would say I mentioned each of these possibilities in the order of which they are most likely to occur. And everyone including Disney and the state of Florida will be fine in each of these outcomes.

 

LOL. The will of the people?

 

Yes. Elections have consequences. They tried to throw their weight at the Florida government to affect policy that really doesn't have to do with their business.

Traditionally, businesses have been able to bank on the Republican Party having this free market spirit so they won't have to deal with crap if they do something Republicans don't like. The same cannot be said for Democrats.

They will not be able to rely on that any longer. The gloves are off.

 

So, free speech is fine as long as it conforms with the majority.

 

They're closing it down because it's price too high for the vast majority of Disney visitors.

Although just a guess, Disney will probably repackage it in a more affordable form.