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- cross-posted to:
- [email protected]
- Disney shareholders rejected anti-DEI proposal on Thursday.
- A conservative think tank proposed that Disney stop participating in the Corporate Equality Index.
- Shareholders for Apple and Costco previously rejected similar proposals.
Their brand of diversity is some bs anyways so you don’t have to be pro Disney.
Remember, they gladly took help from a Chinese concentration camp to make their girl boss Mulan remake.
They also fired all their park workers during covid and gave themselves 10 million bonuses while their workers were surviving on food stamps. Some workers had even signed non compete clauses so they literally could not use their talents elsewhere to feed themselves.
Further more, Disneys current version of DEI is divisive, soulless and insincere.
It isn’t a black or white situation. You can hate Disney AND MAGA. To me, they are all two sides of the same rotten coin. Ruthless, selfish and greedy people who use others to get ahead and pull the ladder up after themselves.
There are plenty of things to hate Disney for, especially as they approach super-monopoly status, ruin nearly every franchise they touch, and have trouble telling what’s good or not. As a company, Disney’s morals and decisions grow more concerning every month. Disney is basically a disaster in progress.
However, this specific complaint seems bad: it’s the wrong scale. Many companies were in the wrong during COVID, but it’s hard to look at these numbers and say the layoffs here were bad decisions based on $10M in bonuses. The scales are just too different.
Disney laid off 32,000 park workers At a measly 40 hours per week at their “minimum wage” (formerly $15/hr, now $24/hr): that’s $83.2 million PER MONTH: $998M a year. A $10M “bonus” is 1% of that, and even smaller compared to the $6.4B of park revenue they had loss.
The former CEO “gave up” their salary ($3M) and “bonus” ($45M in 2019), had 20-30% pay cuts to the executive staff, and a few other items. The CEO did get “$10M” in stock awards, but stock awards don’t get you off food stamps. Those stocks become nothing if the company posts bad financials, which would hurt more than just the execs.
The $1.5B dividend payout in April 2020 looks much worse. Abigail Disney ranted about it on Twitter (now X). His rant is at the appropriate scale: Disney paid out billions before they chose to save millions. The execs got quite a bit of that dividend payout. That’s the greed.
they also began to renege on thier “Dei” i think for a show they removed the lgbtq+ person and including a " persecuted christian in the mix". additionally they started public resumed donation to desantis and GOP in florida when all the news blew over.
Oh, they have done shit like that for years. Removing black actors from their movie posters when sending their films to places like China, removing all LGBT stuff from their oh so diverse remakes when sending them to countries that dislike gay stuff.
They are so fake.
god, remeber when america could run its own concentration camps, instead of just subcontracting everything out? and the chinese ones are nicer than ours ever were. didn’t america used to be, like… something?
Saying that current day Chinese concentration camps are nicer than some concentration camps America had in the past is very tone deaf.
Besides, I hear your president is talking about sending immigrants to guantanamo so maybe you guys get to compete with the Chinese on who has the nicest concentration camps in this say and age soon enough.