Current Events > Disney scraps $1 billion investment plan in Florida

(+) Yeah! (+)

https://www.cnbc.com/amp/2023/05/18/disney-scraps-lake-nona-florida-campus.html

Disney has abandoned plans to open up a new employee campus in Lake Nona, Florida, amid rising tensions with the state's governor.

Citing "changing business conditions" and the return of CEO Bob Iger, Josh D'Amaro, chairman of Disney's parks, experiences and products division, penned a memo to employees Thursday, announcing that the company will not move forward with construction of the campus and will no longer be asking more than 2,000 California-based employees to relocate to Florida.

"This was not an easy decision to make, but I believe it is the right one," D'Amaro told employees.

Should this change DeSantis' mind? Yes.

Will it? No, absolutely not.

2,000 empoloyees is a drop in the ocean

2,000 people in CA just collectively wiped their brows

mystic_belmont posted...

https://www.cnbc.com/amp/2023/05/18/disney-scraps-lake-nona-florida-campus.html

Should this change DeSantis' mind? Yes.

Will it? No, absolutely not.

HAHA YES!!!!!! Take that Ronnie

AngelsNAirwav3s posted...

2,000 empoloyees is a drop in the ocean

$1 billion is not.

Plus, it's not just the employees, but their families as well.

Another state is getting all of that.

Ron Quixote needs to just take the L.

What's the saying again? Go fash lose cash? There ya go, desantis

Does this relate to the announcement Disney made a few weeks ago that they're cutting 7,000 jobs as part of a multi-billion dollar cost cutting effort?

I still dont understand what Rons endgame with this.

What is a win condition against Disney,what is the point of this?

mystic_belmont posted...

$1 billion is not.

Plus, it's not just the employees, but their families as well.

Another state is getting all of that.

Ron Quixote needs to just take the L.

https://tampabayedc.com/news/how-many-people-moved-to-florida-this-past-year/

Florida had a net increase of 444,484 people from July 2021 to July 2022.

s0nicfan posted...

Does this relate to the announcement Disney made a few weeks ago that they're cutting 7,000 jobs as part of a multi-billion dollar cost cutting effort?

No, because the investment will go somewhere else.

A wise business decision considering most of the state will be growing seaweed in 10 years.

The_shibe posted...

What's the saying again? Go fash lose cash? There ya go, desantis

Go fast eat ass

I'm still not sure why Disney, a entertainment company even got involved with DeSantis.

From a businesses perspective it makes no sense. Or is there something I'm missing?

i mean yeah they need to move out of florida between fascist deathsatan and the new fascist laws he constantly installs time to leave

Ragnarider posted...

A wise business decision considering most of the state will be growing seaweed in 10 years.

From the article:

D'Amaro reiterated in his memo that the company still plans to invest $17 billion in Florida over the next 10 years, including the addition of around 13,000 jobs. The company currently employs more than 75,000 people in the state.

Prismsblade posted...

I'm still not sure why Disney, a entertainment company even got involved with DeSantis.

From a businesses perspective it makes no sense. Or is there something I'm missing?

DeSantis is the one who picked a fight with them.

Keep saying that - like in the Godfather and irl - a 'friendly' Caribbean government can take Disney from Florida.

Disney already has a cruise line and with the prices, they gave up on the "middle American" tourist quite some time ago.

And personally, I'd never consider a vacay in Florida but a cruise to the Caribbean and possible Disney?

Put me on the waiting list.

s0nicfan posted...

Does this relate to the announcement Disney made a few weeks ago that they're cutting 7,000 jobs as part of a multi-billion dollar cost cutting effort?

The types of people being laid off wouldn't be the ones living in this type of place. The parks division wasn't laying off any hourly folks. Mostly mid level. The theme parks make an ass load of liquid cash and those low level employees are incredibly cost effective.

Prismsblade posted...

I'm still not sure why Disney, a entertainment company even got involved with DeSantis.

From a businesses perspective it makes no sense. Or is there something I'm missing?

They disagreed with the don't say gay bill, and DeSantis took that personal. He has been on a rampage recently.

Prismsblade posted...

I'm still not sure why Disney, a entertainment company even got involved with DeSantis.

They didn't.
Disney said it doesn't hate gays because "they have money too" and Ron's tiny dick shriveled up like Dracula in the day light. Since then he's been harassing them trying to get his mojo back instead of just manning TLH airport's busiest glory hole like we all know he wants to.

superbot400 posted...

I still dont understand what Rons endgame with this.

What is a win condition against Disney,what is the point of this?

the only thing would be him able to say "sToOd uP tO tHe wOkE" to his base. Not a great cost-benefit there if u ask me

AngelsNAirwav3s posted...

From the article:

D'Amaro reiterated in his memo that the company still plans to invest $17 billion in Florida over the next 10 years, including the addition of around 13,000 jobs. The company currently employs more than 75,000 people in the state.

Likely not long-term jobs if they're scrapping their campus.

I think Ron's plan was to somehow gain power over Disney so he could influence their entertainment projects and stop them from doing anything supportive of the lbgtq community

Wasn't he ranting about Disney being groomers a couple years ago?

All this just because Disney doesn't publicly hate LGBTQ people. Their statement was essentially "everyone's money is good here" and somehow DeSantis viewed that as woke communism or some shit.

Ragnarider posted...

Likely not long-term jobs if they're scrapping their campus.

I think this is a warning shot.

Zikten posted...

I think Ron's plan was to somehow gain power over Disney so he could influence their entertainment projects and stop them from doing anything supportive of the lbgtq community

Wasn't he ranting about Disney being groomers a couple years ago?

Yes, the current 'groomer' rhetoric took off like wildfire when DeSantis' camp used it during the start of the 'Don't Say Gay' feud.

And DeSantis' primary (if not singular) motivation here is to keep his name in the headlines by looking tough against big, bad Disney. His camp knows he has a reputation among people who know him as only picking fights with groups who can't fight back, and this was his chance to look like a big boy in the eyes of his voting base.

superbot400 posted...

I still dont understand what Rons endgame with this.

What is a win condition against Disney,what is the point of this?

His endgame is vanquishing Disney management, so that he can take over and have Disney World to just himself.

superbot400 posted...

I still dont understand what Rons endgame with this.

What is a win condition against Disney,what is the point of this?

"You will learn if you don't agree with me, you will be punished"

DeSantis truly dropped the ball here.

desantis keeps taking massive l's and disney will just wait on him to leave office and continue getting everything they want. they continue outmanuevering and outsmarting him every single time.

Prismsblade posted...

I'm still not sure why Disney, a entertainment company even got involved with DeSantis.

From a businesses perspective it makes no sense. Or is there something I'm missing?

We're in the second act of this pathetic tale. Here's what you've missed thus far.

• DeSantis passed a "Don't Say Gay" bill which discriminated against members of the LGBT community (a flagrant violation of federal anti-discrimination laws).
• Under pressure from employees, Disney management spoke out against the bill.
• In retaliation, DeSantis revoked Disney's special status as de facto governors of the district their parks are located in (a flagrant violation of the first amendment).
• This move saddles Florida tax payers with more than a billion dollars in debt Disney was paying as part of the agreement that gave them said special status, which DeSantis has vowed not to pay.
• DeSantis then promised to force Disney to release content he finds acceptable, meaning no LGBT characters or themes.
• To force Disney to cow to his wishes, DeSantis replaced the board overseeing the special district with toadies. But he didn't cross his Ts and dot his Is; Disney's lawyers got very favorable contracts with very long terms signed before the old board members were replaced.
• Disney sued DeSantis for violating their first amendment rights.
• Among other petty threats, DeSantis said he's considering building a prison across the street from Disney World.
• And that brings us to this. Where we go from here, who knows? One thing we do know, though, is that DeSantis is going to whine and bitch and spew the word "woke" dozens of times while Disney's lawyers continue to clean his clock.

And all of this is just Ron's beef with Disney. He's also picked fights with the Tampa Rays, teachers, state universities, libraries, and drag queens.

Man DeSantis is destroying his state's economy. What with his war with Disney and his recent draconian anti-migrant bill that has left farms and other businesses in his state understaffed.

But since the anti-woke stuff and anti undocumented immigrant stuff is popular with his party he will keep doing it.

creativerealms posted...

Man DeSantis is destroying his state's economy. What with his war with Disney and his recent draconian anti-migrant bill that has left farms and other businesses in his state understaffed.

Don't forget the skyrocketing cost of home owners insurance due to climate change he pretends doesn't exist.

AngelsNAirwav3s posted...

https://tampabayedc.com/news/how-many-people-moved-to-florida-this-past-year/

Florida had a net increase of 444,484 people from July 2021 to July 2022.

The population increasing and the economy getting worse is a very bad combination. I don't see those people taking farming jobs.

Woohoo, he owned the li- oh wait what

creativerealms posted...

Man DeSantis is destroying his state's economy. What with his war with Disney and his recent draconian anti-migrant bill that has left farms and other businesses in his state understaffed.

But since the anti-woke stuff and anti undocumented immigrant stuff is popular with his party he will keep doing it.

it sounds awfully like brexit.

The race/xenophobia was stronger than their desire to have a functioning economy or a livelihood

Prismsblade posted...

I'm still not sure why Disney, a entertainment company even got involved with DeSantis.

From a businesses perspective it makes no sense. Or is there something I'm missing?

Because Disney itself it the biggest financial entity Florida has, and DeSantis decided to go to war with them because they sometimes have gay characters in their movies.