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Likely Casualties Upon Reopening

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  • stovk
    replied
    For one thing, building their employee ranks back up is going to be a challenge.

    Disney stops paying 100,000 workers to save $500m a month.

    "...even as the company protects executive bonus schemes and a $1.5bn dividend payment due in July."


    https://www.ft.com/content/db574838-...d-75039f8cb288
    Last edited by stovk; 04-20-2020, 04:43 AM.

    Leave a comment:


  • JerrodDRagon
    replied
    I think Mickey's and Avengers will get delayed.

    Fireworks and other love shows that get lots of people in one spot will also be missing until a vaccine is mass produced

    Leave a comment:


  • Pips
    replied
    Originally posted by greenalfonzo View Post
    Even when we do actually "reopen the economy," it's very likely things that bring together large groups, like theaters, arenas, attending sports and concerts, and theme parks will be kept closed until there's a vaccine, which is probably at least a year away.

    Looks like Disney execs are planning on how to survive with 50%+ less revenue for the foreseeable future.

    As we learn more about this virus, and the way if affects people of all age groups, it really does seem unlikely that Disney parks will reopen before there is a vaccine. There is just so much involved with getting trained CMs out there, buying restaurant supplies, etc., etc., that could then all go to waste with the first new outbreak.
    Heartbreaking. Truly heartbreaking.

    Leave a comment:


  • greenalfonzo
    replied
    Even when we do actually "reopen the economy," it's very likely things that bring together large groups, like theaters, arenas, attending sports and concerts, and theme parks will be kept closed until there's a vaccine, which is probably at least a year away.

    Looks like Disney execs are planning on how to survive with 50%+ less revenue for the foreseeable future.

    Leave a comment:


  • Golden Zephyr
    replied
    Thank you so muchLilMonsterPageantHelper for your update. I suspected that this might be the case from some of the news and reports we've heard, but your reports really brings it home in ways the others do not. I am very thankful you are part of our community here.

    This is unprecedented and the impact looks like it will be far greater than many ever thought.

    Truly, the biggest existential threat to Disneyland we've ever seen.

    My heart goes out to all the CM's who are hurting and have taken such loss. Many many wonderful people and a cross section of how much damage this disease has brought to people.

    This is real world, real lives impacted. It is all so tragic.

    Leave a comment:


  • Mr Wiggins
    replied
    Given the new information coming from medical researchers almost daily, the impact of this crisis to the theme park industry in general and to Disney's costly-to-run resorts in particular may be more severe and longer lasting than we've thought. This situation goes far beyond whether current Parks management is habitually cheap or spends like Walt himself -- it's about making the hard choices necessary to protect the Company from any attempts at a takeover.

    Leave a comment:


  • LilMonsterPageantHelper
    replied
    Hi you guys!! I know one thing that's not gunna return in any meaningful way and that's DLR Entertainment. Heard from my peeps today and yesterday there was a big video conference with all the top management and TDA executives because it was their last day before almost all of them were furloughed cause only the Vice Presidents and above get to keep their jobs.

    The executives were crying on the conference call! It was sad and there was no good news about anything. Expect massive layoffs later this summer and then another round of layoffs once the parks reopen in the fall. Don't expect theater shows, parades or night spectaculars to perform at Disneyland for a long time, which will require massive layoffs of hourly performers and huge layoffs of Tech Services Cast.

    When the executives leading the conference call are crying openly, you know its gunna be bad! The executives know stuff we don't and know the future of Disneyland is looking dimmer and dimmer by the week. If Disneyland reopens late this year or in 2022 it will still take years to recover and rebuild the huge amounts of CM's that are going to be lost this year to layoffs and all the CM's who leave on their own because they are fed up with working in a Non-Essential Industry like Disneyland.

    The TDA executives are crying for a reason!!!

    Leave a comment:


  • Spongeocto4
    replied
    We may want to rename the thread, as it accidentally sounds a bit morbid

    Originally posted by Mike_M View Post
    I don’t think Disney will go cheap, but I do think there will be missing content to help reduce generating large crowds for at least the foreseeable future (the rest of 2020). These missing elements may have a cost savings associated with them meaning it will be an easy choice for them to make.

    At first, I expect hours to be reduced to non-peak schedules. Maybe open till 8pm at the latest.

    Parades, shows and fireworks (anything that usually generates larger crowds) will probably not happen for a while.

    Lastly, and this one may be a big problem for families with small kids, I bet that character meet and greets will either be very different or not allowed at all. I doubt that character cast members will be very comfortable having direct contact with guests before a vaccine is available.

    I think most rides will be up and running. It’ll be interesting to see if virtual queues get used on more attractions.
    I agree that the following is likely to happen. I'm going to add that:
    -Avengers E- Ticket is delayed, shelved or canceled

    -Disneyland Hotel 4th Tower will also be either delayed, shelved or canceled(leaning into the latter options

    -I would be surprised if Mickey's and Minnie's Runaway Railway was canceled, as ground already broke. Delayed likely to late 2022 or early 2023.

    -All current or priorty refurbishments will be completed. Anything cosmetic or unnecessary will be delayed or canceled.

    -Low attendance rides(like the Canoes or Lincoln) may be temporary closed to save funds. Expensive Rides may remain closed(like the subs).

    -It will be a long time before Magic Happens returns(which premiered at the wrong time unfortunately). Ditto for Fantasmic and WOC

    -If the parks do reopen soon, Haunted Mansion will likely remain closed until the Fall and reopen as Haunted Mansion Holliday. And regular HM wouldn't return until 2021.

    Leave a comment:


  • tarheelalum
    replied
    I think most (non AP locals) people just won't go at all if the virus is still a concern. And some people may want to go but cannot do to job/income loss. We are moving towards 23 million people out of work. And many of the people who are still employed are worried about the future of those jobs. Whenever Disney does open I see multiple down years as a result of all of this. Just remember back after the last housing crash. I think it will be like that and possibly worse. I didn't lose my job back then and my wife and I enjoyed going to the parks then. Especially DCA before Carsland. That place was truly dead but it was a pleasure to go and the place was not crowded at all. It was usually dead. But now I'm honestly worried about this virus. I'm in good health without any significant risk factors but the unknown aspect of this virus concerns me. I was listening to Doctor Radio today on SirusXM and some of the doctors say they are seeing neurological effects of the virus now. This thing either keeps changing or the doctors do not know near enough for me to feel comfortable rolling the dice and going anywhere near a crowded place anytime soon unless a real treatment is developed.

    Leave a comment:


  • Mike_M
    replied
    I don’t think Disney will go cheap, but I do think there will be missing content to help reduce generating large crowds for at least the foreseeable future (the rest of 2020). These missing elements may have a cost savings associated with them meaning it will be an easy choice for them to make.

    At first, I expect hours to be reduced to non-peak schedules. Maybe open till 8pm at the latest.

    Parades, shows and fireworks (anything that usually generates larger crowds) will probably not happen for a while.

    Lastly, and this one may be a big problem for families with small kids, I bet that character meet and greets will either be very different or not allowed at all. I doubt that character cast members will be very comfortable having direct contact with guests before a vaccine is available.

    I think most rides will be up and running. It’ll be interesting to see if virtual queues get used on more attractions.

    Leave a comment:


  • Golden Zephyr
    replied
    I agree, they are going to have to entice people. If they make everything cut-rate, it will further drive people away, especially in a tight economic climate.

    People aren't going to spend their hard earned money for third rate quality, service, food, etc.

    If Disney gets cheap and quality goes through the floor, their recovery will take MUCH longer, if they ever recover.

    Leave a comment:


  • tarheelalum
    replied
    If they were smart they won't cut too much. They are going to have to do one heck of a job selling the place to get a lot of people to return there. Other than the local AP crowd, I don't see the masses itching to go a crowded theme park anytime soon.

    Leave a comment:


  • BNSF1995
    started a topic [Chat] Likely Casualties Upon Reopening

    Likely Casualties Upon Reopening

    When the parks eventually reopen, there will definitely be a massive drive to compensate for lost revenue via cost-cutting. What is most likely to get the axe to achieve this?

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