Cruise and Theme Park Operational Updates due to Coronavirus

[xuxa777]

NEWS

Disneyland Paris now also closed indefinitely

https://blogmickey.com/2020/03/disneyland-paris-theme-park-closures-extended-indefinitely

No significant change with this news , DLP just mirroring the corporate decision to not set a date for the parks, a good decision, eliminates the customer service issues of having a date and people wondering about canceling etc.

 

[Remy is Up]

FYI

Disney executives are receiving pay cuts at the company looks to save as much money as possible during the Coronavirus (COVID-19) closures. The pay cuts are as follows:

• Bob Iger – Forgoing entire salary
• Bob Chapek – 50% pay cut
• Executive Vice Presidents – 30% pay cut
• Senior Vice Presidents – 25% pay cut
• Vice Presidents – 20% pay cut

According to sources, the pay cuts will go into effect April 5th.



https://blogmickey.com/2020/03/disney-executives-take-pay-cuts-due-to-coronavirus-covid-19-closures

Yeah. This is a move that had to be made. Knowing someone taking the cut, it's something they have had as a plan depending on duration. They enacted it sooner than later and it's the right move.

 

[rteetz]

FYI

Disney executives are receiving pay cuts at the company looks to save as much money as possible during the Coronavirus (COVID-19) closures. The pay cuts are as follows:

• Bob Iger – Forgoing entire salary
• Bob Chapek – 50% pay cut
• Executive Vice Presidents – 30% pay cut
• Senior Vice Presidents – 25% pay cut
• Vice Presidents – 20% pay cut

According to sources, the pay cuts will go into effect April 5th.



https://blogmickey.com/2020/03/disney-executives-take-pay-cuts-due-to-coronavirus-covid-19-closures

https://twitter.com/x/status/1244647305011253248

 

[rteetz]

https://twitter.com/x/status/1244641382553333761

 

[Aurora0427]

FYI

Disney executives are receiving pay cuts at the company looks to save as much money as possible during the Coronavirus (COVID-19) closures. The pay cuts are as follows:

• Bob Iger – Forgoing entire salary
• Bob Chapek – 50% pay cut
• Executive Vice Presidents – 30% pay cut
• Senior Vice Presidents – 25% pay cut
• Vice Presidents – 20% pay cut

According to sources, the pay cuts will go into effect April 5th.



https://blogmickey.com/2020/03/disney-executives-take-pay-cuts-due-to-coronavirus-covid-19-closures

I think this is great... I mean Iger could literally never earn another dollar and never run out of money. That guy is loaded. Not sure how much they pay their SvPs and VPs.... they’ll definitely feel it more.

 

[Remy is Up]

I think this is great... I mean Iger could literally never earn another dollar and never run out of money. That guy is loaded. Not sure how much they pay their SvPs and VPs.... they’ll definitely feel it more.

They will feel it just like the rest of us would. It's not easy but the life of the company long term is.more important than short term sacrifice. Big Bob certainly will be ok as will little Bob. But have no doubt other execs are going to feel it. But again. Right thing to do

 

[xuxa777]

FYI

Disney executives are receiving pay cuts at the company looks to save as much money as possible during the Coronavirus (COVID-19) closures. The pay cuts are as follows:

• Bob Iger – Forgoing entire salary
• Bob Chapek – 50% pay cut
• Executive Vice Presidents – 30% pay cut
• Senior Vice Presidents – 25% pay cut
• Vice Presidents – 20% pay cut

According to sources, the pay cuts will go into effect April 5th.



https://blogmickey.com/2020/03/disney-executives-take-pay-cuts-due-to-coronavirus-covid-19-closures

This is good, but this signals to me they will announce (this week most likely) cast members furloughs for after April 19th. Pretty much have too. Sea World just furloughed 90% of workforce. Universal will most likely do the same. The furlough would possibly be "good" (all relative of course) for employees, claim unemployment plus the funds from the CARES act etc. If they don't furlough cast members they will only hurt the company worse, furloughs will save over $500M

 

[TheMaxRebo]

I think this is great... I mean Iger could literally never earn another dollar and never run out of money. That guy is loaded. Not sure how much they pay their SvPs and VPs.... they’ll definitely feel it more.

per Glass Door they are doing all right (saw an estimate of $170k-$300k for VPs) but yeah, 20% will hit them a bit, but still ok. I think you get to VP at Disney is a pretty high level job

 

[Aurora0427]

They will feel it just like the rest of us would. It's not easy but the life of the company long term is.more important than short term sacrifice. Big Bob certainly will be ok as will little Bob. But have no doubt other execs are going to feel it. But again. Right thing to do

agree. I feel for the lower level execs but it’s definitely the right thing to do.

 

[Aurora0427]

per Glass Door they are doing all right (saw an estimate of $170k-$300k for VPs) but yeah, 20% will hit them a bit, but still ok. I think you get to VP at Disney is a pretty high level job

People making between $170-$300 will definitely feel this more than the Bobs. We are in that bracket and we’d feel a 20% pay cut.... but that’s why we live below our means and save.

 

[Remy is Up]

This is good, but this signals to me they will announce (this week most likely) cast members furloughs for after April 19th. Pretty much have too. Sea World just furloughed 90% of workforce. Universal will most likely do the same. The furlough would possibly be "good" (all relative of course) for employees, claim unemployment plus the funds from the CARES act etc. If they don't furlough cast members they will only hurt the company worse, furloughs will save over $500M

Yep. Furloughs will benefit most cms. The front line park cms will benefit by a furlough. The call center cms will continue working. As will management.

 

[xuxa777]

Yep. Furloughs will benefit most cms. The front line park cms will benefit by a furlough. The call center cms will continue working. As will management.

I would consider call center CMS essential employees right now

 

[Remy is Up]

People making between $170-$300 will definitely feel this more than the Bobs. We are in that bracket and we’d feel a 20% pay cut.... but that’s why we live below our means and save.

Glassdoor is pretty accurate on the numbers even for disney execs.

 

[MichelinMan]

Guys, I have no intention of closing this thread but I will if I have too. I’ve said it several times already but this thread is not for discussing vaccines, possible drugs, churches, politics, and anything else like that. This thread is for discussing what the theme parks are doing or what we think they might do in the future.

But I think the mods are being over-zealous with their deletion of posts on this thread. 3 times I have posted stuff (one of which included lots of good data and graphs I have been collecting), which backed up when I thought the parks would be opened. And all of them were deleted. All of them were directly relevant to when the parks might open, and were much more informative than the mass of purely speculative posts I see on here with no data to back them up. So why were they deleted? I have no idea, as I didn't even get a message to say they had been. I suspect this message will also go the same way, as I dare to criticise the mods. But I'm getting a bit fed up with trying to contribute information which adds to this discussion of when the parks might open. If this continues, I'm not going to bother any more, which is sad.

 

[Remy is Up]

I would consider call center CMS essential employees right now

They are. One working in my house at the moment since we are all in lockdown and working from home. Or in my case looking for a job due to layoff.

 

[Remy is Up]

But I think the mods are being over-zealous with their deletion of posts on this thread. 3 times I have posted stuff (one of which included lots of good data and graphs I have been collecting), which backed up when I thought the parks would be opened. And all of them were deleted. All of them were directly relevant to when the parks might open, and were much more informative than the mass of purely speculative posts I see on here with no data to back them up. So why were they deleted? I have no idea, as I didn't even get a message to say they had been. I suspect this message will also go the same way, as I dare to criticise the mods. But I'm getting a bit fed up with trying to contribute information which adds to this discussion of when the parks might open. If this continues, I'm not going to bother any more, which is sad.

I've had posts deleted when I got off topic. I get it and it isnt easy for the mods. Relax a bit it's all good.

 

[rteetz]

But I think the mods are being over-zealous with their deletion of posts on this thread. 3 times I have posted stuff (one of which included lots of good data and graphs I have been collecting), which backed up when I thought the parks would be opened. And all of them were deleted. All of them were directly relevant to when the parks might open, and were much more informative than the mass of purely speculative posts I see on here with no data to back them up. So why were they deleted? I have no idea, as I didn't even get a message to say they had been. I suspect this message will also go the same way, as I dare to criticise the mods. But I'm getting a bit fed up with trying to contribute information which adds to this discussion of when the parks might open. If this continues, I'm not going to bother any more, which is sad.

I’m sorry you feel that way. For anything remotely crossing the lines I could give warnings with points but I haven’t done that. I think for the most part of the thread has been run well and off topic posts have yes been deleted and we have that authority. The COVID-19 thread on TPAS is operated similarly. Like I’ve said before this is not a medical forum. This is a Disney forum. I appreciate your input but the graphs only lead us down a path of more off topic contribution so that is why they were removed.

 

[choirfarm]

I’m sorry you feel that way. For anything remotely crossing the lines I could give warnings with points but I haven’t done that. I think for the most part of the thread has been run well and off topic posts have yes been deleted and we have that authority. The COVID-19 thread on TPAS is operated similarly. Like I’ve said before this is not a medical forum. This is a Disney forum. I appreciate your input but the graphs only lead us down a path of more off topic contribution so that is why they were removed.

So no data so people can make an informed decision. Just happiness and light... People we know are dying!

 

[rteetz]

So no data so people can make an informed decision. Just happiness and light...

I would like the disboards to be a bit of an escape for people yes. Not saying we have to be all cheery and happy all the time though either. This isn’t a medical forum and it’s not a national news site. In today’s day and age everyone gets their info from different sources whether right and wrong and that can take us down a huge rabbit hole I’d rather not deal with.

 

[Remy is Up]

So no data so people can make an informed decision. Just happiness and light... People we know are dying!

This is a Disney specific thread and how it effects the reopen. Unfortunately, we all realize the gravity of people being sick and people.passing away it is indirect causation on when the parks open.