Thread regarding Disney layoffs

I love all cast members, however, Disney does not receive the same productivity from each Cast member. Some work hard. There are several who call out on a regular basis when there are millions of Employees who would love to be working and they let down their team . If you are someone who shows up and works much harder to pick up the slack it makes your perspective change and it's sad . Disney has to employ more help to pick up the slack and it's because of the Union. The union did Absolutely nothing for it's cast members in March 2019 , however, they will go to bat for someone who calls out 50 percent of the time and does minimal when in attendance.
If Disney hired based on performance and work ethic they'd save a lot of costs on Labor.

"We should hope that more 60 year old and older cast members retire to make this easier on the younger generations." To the person who wrote this, we are not disposable employees just because we are older.

Do you think Mitch McConnell will actually pass any legislation benefitting anyone other than banks on his watch? That’s a no! Unemployment is ending. If anyone gets laid off at this point you’re finding a job that pays much worse than the current one.

I agree with the OP that by preparing for the worst case scenario with exaggerated numbers you can then make decisions to mitigate risk. Irregardless opening has to reoccur because any of the money printed won’t help Disney with the $1B+ in revenue it’s losing for every month it’s closed

Theres not a 100% chance of being homeless, theres other jobs available in the market plus there's assistance from the first coronavirus Bill and more coming this month from the next bill which will likely pass. And the chance of being infected and dying varies depending on too many factors but it's certainly can be higher than 1%. Also stats like fatality rate are ever changing and can only be properly evaluated AFTER the disease has been controlled. So your numbers are a bit exaggerated to say the least.

As to the financial aspect, the company could afford to close and seek reimbursement from the government through carefully constructed legislation. This is why they laid off cast members in April, the stimulus bill added extra money to unemployment and gave businesses funds that were impacted by the virus.

Regardless, layoffs will happen because its how the game works. To think reopening with 20% capacity will ward off an extensive layoff session is after the fiscal year is not realistic.
Many positions won't be needed and cuts will be pushed by executives to regain a company's strength. We should hope that more 60 year old and older cast members retire to make this easier on the younger generations.