Kabuki theater for the Financial Guys... DIS stock is up +20% in the past month while they have been "talking" about this to avoid a proxy fight. Same thing happened with P&G 30 years ago. KKR started sabre rattling because P&G had not done a "down sizing" like many of their corp peers. Stock prices started to sink. P&G announced they would begin a "restructuring program", and the next day stock was up 20-30%. Long before the first body left the building...
Wonder how much this has to do with their special tax district status being looked at??? Has it been revoked or is gonna be revoked???
And the beautiful people running the place are gonna or are taking a hit in their Benjamin's. They have the ability to tax at their own rates and fees, and are exempt from things like building codes and other state requirements for businesses IIRC. Basically a little kingdom doing their own thing for decades....
Not to mention their active role in society's moral decay and the Liberal Socialist Democrat agenda they flagrantly promote targeting and moulding children to fuuuked up schit....
Kind of a drop in the bucket of their nearly 230,000 employees approx. 3.1%, most is a limited segment that wasn't doing well, and most will most likely be in early retirements. It's not like the company is doing poorly or ready to fail, in fact I believe the stock was up lately.
Wonder, who was behind the Army giving the remainder and largest share of the JLTV construction to AM General in Illinois taking it away from the original designer and contractor Oshkosh in Wisconsin? Now that was a [bleep]-up!
Wonder, who was behind the Army giving the remainder and largest share of the JLTV construction to AM General in Illinois taking it away from the original designer and contractor Oshkosh in Wisconsin? Now that was a [bleep]-up!