PIXAR to cut 20% of jobs this year

NYSE-Disney

Important Takeaways:

  • Walt Disney’s Pixar Animation Studios is set to cut jobs as the studio has completed production on some shows and now has more staff than it needs, a source familiar with the situation told Reuters on Thursday.
  • TechCrunch reported earlier that Pixar was set to undergo layoffs as high as 20% this year, with the studio’s team of 1,300 people reduced to under 1,000 over the coming months.
  • Pixar’s Emeryville studio in California had hired staff to complete streaming series and as those shows complete production it has more staff than it needs, the source added.
  • Disney did not immediately respond to a Reuters request for comment.
  • Disney CEO Bob Iger, who was brought back in 2022 to turn the company around, has signaled the company will reduce streaming content it makes itself in a bid to keep a lid on costs, and will license shows and movies from third parties
  • Pixar is famous for cinematic franchises including “Toy Story”, “The Incredibles” and “Finding Nemo”.
  • Disney acquired Pixar in 2006 to revitalize its struggling Disney Animation.

Read the original article by clicking here.

Layoffs at Disney, plan of major restructuring announcement by CEO Bob Iger

Disney Studios Burbank

Revelations 13:16-18 “Also it causes all, both small and great, both rich and poor, both free and slave, to be marked on the right hand or the forehead, so that no one can buy or sell unless he has the mark, that is, the name of the beast or the number of its name. This calls for wisdom: let the one who has understanding calculate the number of the beast, for it is the number of a man, and his number is 666.”

Important Takeaways:

  • Disney plans layoffs for thousands next week, report says
  • Walt Disney Co. announced it would trim its payroll by some 7,000 jobs in February
  • Bloomberg, citing people familiar with the plans said the company would cut about 15% of the staff in its entertainment division.
  • The cuts will include those in TV, film, theme parks and on corporate teams, in every region where Disney operates.
  • Disney Entertainment, a unit created in a restructuring this year, would also be impacted, the report said.
  • The move was part of major restructuring aimed at saving the company billions and was announced by CEO Bob Iger during the first-quarter earnings call.
  • Disney said then that it plans to save $5.5 billion in its overhaul, cutting $1.5 billion in operating costs and another $3 billion from reductions in non-sports content — including the job cuts.

Read the original article by clicking here.

Disney to cut $5.5 billion in costs in a reshuffle including 7,000 jobs

Revelations 18:23:’For the merchants were the great men of the earth; for by thy sorceries were all nations deceived.’

Important Takeaways:

  • Disney to lay off 7,000 workers, cut $5.5 billion worth of costs in latest reshuffle
  • Disney (DIS) will lay off 7,000 workers as the company seeks to slash $5.5 billion in costs. As a result, the media giant plans to restructure the organization into three core business segments: Disney Entertainment, ESPN, and Disney Parks, Experiences and Products.
  • “While this is necessary to address the challenges we’re facing today, I do not make this decision lightly…

Read the original article by clicking here.

Michael Snyder points out how Disney and high fashion are no longer hiding their intensions

Romans 1:28 “And since they did not see fit to acknowledge God, God gave them up to a debased mind to do what ought not to be done.”

Important Takeaways:

  • At This Point They Aren’t Even Trying To Hide Who They Really Serve
  • For decades, it has been an open secret that many among the elite are deeply attracted to practices that are unspeakably evil.
  • At this point Disney is constantly making headlines due to the extremely alarming content
  • “The Santa Clause” that starred Tim Allen, and there is one scene in the new show where children hold up signs that actually spell out the words “We Love You Satan”.
  • Another example is called “The Owl House”, and it features a young girl named “Luz” that is pursuing her dream of becoming a witch. “Luz” means light in Spanish, and that name was obviously chosen to make a connection with “the lightbringer” which is Lucifer.
  • Right now, Balenciaga is making headlines all over the globe because of an advertising campaign that they released that features little girls holding teddy bears that are dressed in bondage gear…

Read the original article by clicking here.

Disney pushes LGBTQ agenda in new film

Romans 1:28 “And since they did not see fit to acknowledge God, God gave them up to a debased mind to do what ought not to be done.”  Leviticus 18:22 You shall not lie with a male as with a woman; it is an abomination.

Important Takeaways:

  • ‘Not-at-all-Secret Gay Agenda’: Disney Goes LGBTQ Again with Gay Teen Romance in Major New Animation
  • Disney’s next animated motion picture release titled Strange World will mark a first for the company founded by Walt Disney in 1923. It will feature a gay teen romance.
  • Produced by Walt Disney Animation Studios, the adventure film “introduces a legendary family of explorers, the Clades, as they attempt to navigate an uncharted, treacherous land alongside a motley crew that includes a mischievous blob, a three-legged dog, and a slew of ravenous creatures,” according to the Strange World website.
  • The movie opens in theaters on Nov. 23.

Read the original article by clicking here.

Evangelical Pastor Franklin Graham backs Ron DeSantis in battle with Disney

Ephesians 6:13 “Therefore take up the whole armor of God, that you may be able to withstand in the evil day, and having done all, to stand firm.”

Important Takeaways:

  • ‘Disney’s morals are in the gutter’: Evangelical Pastor Franklin Graham says Disney ‘flaunts sin’ as he backs Florida Gov. Ron DeSantis in battle over so-called ‘Don’t Say Gay’ law
  • Evangelical pastor Franklin Graham has blasted Disney for having its morals ‘in the gutter’ while backing Florida Governor Ron DeSantis in his battle with the firm.
  • Graham said: ‘What has happened at Disney is moral failure. Walt Disney had a vision for wholesome family entertainment. He was committed to the family.
  • ‘The morals of the corporate leadership of Disney today are in the gutter, and they want to redefine family counter to God’s original design and flaunt sin.’
  • ‘Thank God for Governor Ron DeSantis who is willing to take a bold stand. We need more leaders like him. God bless him and the Florida legislature.’
  • The House passed the measure with a 68-38 vote after the Senate backed the bill by 23-16 the day before

Read the original article by clicking here.

After FL Senate vote the House passes 68-38 to remove Disney of privilege self-governing status

Ephesians 6:13 “Therefore take up the whole armor of God, that you may be able to withstand in the evil day, and having done all, to stand firm.”

Important Takeaways:

  • Florida House votes 68-38 to strip Disney of privileged tax and self-governing status: Woke conglomerate pays the price for publicly bashing Governor Ron DeSantis’ ‘Don’t Say Gay’ bill
  • The House passed the measure with a 68-38 vote after the Senate backed the bill by 23-16 the day before
  • The legislation will now go to DeSantis’ desk for signing and could come into effect on June 1, 2023
  • DeSantis previously said he wanted to remove Disney’s protections because he doesn’t ‘support special privileges in law just because a company is powerful’
  • The House on Thursday also approved a Senate-passed bill that removes Disney’s big tech censorship exemption.
  • Disney did not immediately respond to DailyMail.com’s request for comment on the changes and it remains unclear if the company will launch an appeal, but the vote sets up a potential legal battle between the state and the entertainment giant.

Read the original article by clicking here.

DeSantis passes bill to repeal Disney’s private government called Reedy Creek Improvement District

Ephesians 6:13 “Therefore take up the whole armor of God, that you may be able to withstand in the evil day, and having done all, to stand firm.”

Important Takeaways:

  • DeSantis Battles Disney: FL Senate Passes Bill to Repeal Disney World’s Self-Governing Status
  • Florida Republican Gov. Ron DeSantis on Tuesday asked the state legislature to repeal a law that has given Walt Disney World special privileges for decades, allowing it to operate as a private government over its properties in the state.
  • The Reedy Creek Improvement District is a private government controlled by Disney World and was set up by the state legislature in 1967 allowing it to provide government services such as zoning, fire protection, utilities, and infrastructure.
  • The creation of the district, and the control the state gave to Disney over 27,000 acres in Florida, was a crucial element in the company’s plans to build near Orlando in the 1960s.
  • Company officials said they needed autonomy to plan a futuristic city along with the theme park. The city never materialized, but it morphed instead into the EPCOT theme park.
  • According to The Journal, under the bill passed by the Senate 23-16 on Wednesday, any special district established before the ratification of the Florida Constitution in 1968, and not renewed since then, would be dissolved on June 1, 2023.

Read the original article by clicking here.

Peaceful protests at Disneyland headquarters “It’s ok to stand for righteousness”

Ephesians 6:13 “Therefore take up the whole armor of God, that you may be able to withstand in the evil day, and having done all, to stand firm.”

Important Takeaways:

  • Parents March on Disneyland to Protest Studio’s Woke LGBTQ+ Agenda for Children
  • The peaceful protest was organized by Hold the Line, the Christian activist group that spearheaded last week’s demonstration at Disney corporate headquarters in Burbank. On Wednesday, they were joined by members of Turning Point USA, the conservative non-profit headed by Charlie Kirk.
  • The Disneyland worker addressed the crowd by urging fellow conservative Disney employees to stand up for themselves.
  • Hold the Line identifies itself as a Christian activist group and is headed by musician and author Sean Feucht. The group held anti-lockdown protests during the COVID-19 pandemic.
  • Recently leaked videos also show Disney employees openly discussing their plans to inject more gay and transgender messaging into the studio’s content for children.

Read the original article by clicking here.

Walt Disney World and unions agree on safeguards for returning to work

(Reuters) – Walt Disney Co and unions representing workers at Florida’s Walt Disney World have reached an agreement on safeguards to protect employees from coronavirus, a union statement said on Thursday, removing one of the company’s hurdles to reopening its popular theme parks.

The measures include social distancing practices, increased cleaning and mandatory masks for workers and guests, according to a statement from the Service Trades Council Union, which represents about 43,000 workers at Walt Disney World in Orlando, Florida.

Disney has announced that some shops and restaurants in the Disney Springs shopping area in Orlando will open on May 20, but the company has not set a reopening date for any of its four theme parks in the area.

The company closed its parks around the world starting in late January to help prevent the novel coronavirus from spreading. It reopened Shanghai Disneyland to a limited number of visitors on Monday.

The agreement with the Walt Disney World unions also calls for plastic barriers and touchless transactions at cash registers, temperature checks for guests, and other measures, the STCU statement said.

Employees who contract COVID-19, the disease caused by the novel coronavirus, will receive paid time off to quarantine, the statement said.

Disney shares were trading 1.9% higher at $104.90 in afternoon trading on the New York Stock Exchange.

(Reporting by Lisa Richwine; Editing by Chris Reese and Marguerita Choy)