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Disney to cut 28,000 jobs in US theme parks
Posted: Wed, 30 Sep 2020 9:39 am
by abbby
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.
Re: Disney to cut 28,000 jobs in US theme parks
Posted: Wed, 30 Sep 2020 12:50 pm
by bgd
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.
Re: Disney to cut 28,000 jobs in US theme parks
Posted: Thu, 01 Oct 2020 7:28 am
by tt1973
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?
Re: Disney to cut 28,000 jobs in US theme parks
Posted: Thu, 01 Oct 2020 8:11 am
by PNGMK
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.
Re: Disney to cut 28,000 jobs in US theme parks
Posted: Thu, 01 Oct 2020 10:29 am
by Max Headroom
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?
Re: Disney to cut 28,000 jobs in US theme parks
Posted: Thu, 01 Oct 2020 11:41 pm
by bgd
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!
Re: Disney to cut 28,000 jobs in US theme parks
Posted: Fri, 02 Oct 2020 9:43 am
by abbby
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.