Companies That Get ‘Woke’ Aren’t Going Broke — They’re More Profitable Than Ever

Well, it looks like most of them aren't doing well.

Amazon layoffs: Company to cut 9000 more workers

CNBC
www.cnbc.com... › 2023/03/20 › amazon-layoffs-c...
amazon lays off employees from www.cnbc.com
Mar 20, 2023 — Amazon will lay off 9,000 more employees in the coming weeks, CEO Andy Jassy said in a memo to staff on Monday.

Walt Disney Co (DIS. N) on Monday began 7,000 layoffs announced earlier this year, as it seeks to control costs and create a more "streamlined" business, according to a letter Chief Executive Bob Iger sent to employees and seen by Reuters.Mar 27, 2023

Nike is laying off more than 1000 workers | Money

Jan 24, 2023 — Nike is laying off more than 1,000 workers ... Nike is cutting 2% of its workforce — about 1,400 jobs....

As for Keurig, they are always laying off employees, so is Carhartt.

Kelloggs is actually doing a major change.

Kellogg’s to split into two brands, take on new names

Some name changes will be coming to your pantry later this year. Breakfast staple Kellogg’s will split their business into two distinct brands come the end of the year, Yahoo Finance reports. The new brands will be Kellanova and WK Kellogg Co.

“It was a daunting task when you think about renaming a 117-year-old iconic household name company,” Kellogg CEO Steve Cahillane told Yahoo Finance Live. Cahillane added consumers will still see the Kellogg’s brand name on Corn Flakes and other brands.

It’s also reported that Kellanova will handle the snack brands, which include American classics like Pringles and Cheez-It, and WK Kellogg Co. will cover the cereal division, with offerings like Froot Loops.

www.prdaily.com...

There's definitely layoffs. It may not all be due to getting 'woke' though. Covid and mandated vaccines have changed the world's employment and production environments and it will take time for the dust to settle and see who survives and who doesn't. Also, with the government intervention in our foods, our lifestyles etc, who knows how it will affect companies and their success.

I am almost regretting not placing this thread in the "Dissecting Disinformation" forum. It seems more appropriate to the follow-up you have provided to the OP.

As you might have noticed, the discussion itself seems to revolve around what it is the Rolling Stone author is contending. Namely, that "Wokeness" as it is spoken of now, is not at all a detriment to big business, and they all report "no regrets."

Many point to contrary information. And it is worth considering.

Thank you, everyone, for joining the discussion. I appreciate it greatly.

a reply to: JDmOKI

They grossed $5billion last year. What were the production and advertisement costs? Certainly not even close to that.

Source

Interesting that it tanked during Covid, when everyone was stuck inside and streaming exploded. What were people streaming? Apparently not a lot of Disney stuff.

originally posted by: face23785
Interesting that it tanked during Covid, when everyone was stuck inside and streaming exploded. What were people streaming? Apparently not a lot of Disney stuff.

The bulk of Disney's revenue is from parks, it's the core stream because it's all self contained.

a reply to: AugustusMasonicus

Not to mention that Disney+ launched in November 2019. So any money made from Disney+ in 2020 was probably used to offset the cost of getting it up and running in the first place.

originally posted by: AugustusMasonicus

originally posted by: face23785
Interesting that it tanked during Covid, when everyone was stuck inside and streaming exploded. What were people streaming? Apparently not a lot of Disney stuff.

The bulk of Disney's revenue is from parks, it's the core stream because it's all self contained.

That's not true. You can see here most of their revenue comes from their other endeavors.

Most of their profits come from their parks because their streaming services and other entertainment products are actually losing money (with the exception of their television networks.)

You can read more details here.

Comparing that to my previous post about their overall profits, it's clear that even after the parks were back open and generating a profit, their overall profits have tanked because their content isn't selling that well to the public the last few years, including movie sales.

a reply to: face23785

That's 2022, I was referring to why you said it dropped so hard from the pre-Rona years, the parks were closed.

originally posted by: AugustusMasonicus
a reply to: face23785

That's 2022, I was referring to why you said it dropped so hard from the pre-Rona years, the parks were closed.

2022 serves as an example of a typical year, showing demonstrably that "the bulk" of their revenue does not come from parks. 33% is not the bulk of anything. In this case it wasn't even a plurality.

originally posted by: AugustusMasonicus

originally posted by: AndyFromMichigan
Dude, this controversy is, what, 2 weeks old at most? What earnings reports do you think have come out in the last couple of days?

Dude. Did I say any earnings reports did come out? Try reading that again. The inference is you aren't manipulating the stock price since they are based on earnings. Unless you think AB InBev is gonna fudge those 'for the gay'.

They put everything into a dumpster fire ….. for …..wait for it ….. the trans.

originally posted by: AugustusMasonicus

originally posted by: SRPrime
Sometimes I wonder if y'all even listen to what you say? If you're laying off people; you're shrinking the labor force.

Sometimes I wonder if any of you understand basic economics. If you shrink your labor force do your monthly costs go up or down? Which one of those leads to more revenue?

Companies have long practiced labor reductions when growth was strong, it's called 'maximizing earnings'.

You only get more earnings if you pump out the same or more volume with less labor. Not a given at all.

Holy cherry picking Batman!

a reply to: Maxmars

That's Because they are being Paid Federal Bank Notes from the Sinister NWO that are Not Worth the Paper they are Printed On . FAKE WEALTH is All the Corporate SELLOUT Rage Today .

originally posted by: face23785
2022 serves as an example of a typical year, showing demonstrably that "the bulk" of their revenue does not come from parks. 33% is not the bulk of anything. In this case it wasn't even a plurality.

62% of their operating income was from parks.

originally posted by: AugustusMasonicus

originally posted by: face23785
Interesting that it tanked during Covid, when everyone was stuck inside and streaming exploded. What were people streaming? Apparently not a lot of Disney stuff.

The bulk of Disney's revenue is from parks, it's the core stream because it's all self contained.

At this point, it's fair to say that Disney is primarily a theme park company and the owners of the rights to a bunch of well-loved classic tales. The new stuff they make is all woke garbage that only appeals to a niche audience. Which is why they're laying off 7000 people.