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Reply to "DeSantis and FL moving to hammer Disney"
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[quote=Anonymous]They might delay the move but I doubt that they’ll scrap it. Moving the Parks division to Florida was a cost savings move. Disney can pay much lower salaries down the road in Florida and it will be more difficult for people to change jobs without relocating again. They can reduce their headcount as the many who don’t want to move will find other employment in LA and the ones who do will be stuck there. Disney doesn’t have to fund travel and temporary assignments back and forth as much etc. No retention salary increases. Florida was giving them a 500 million tax treat to sweeten the deal. For a penny pinching operations guy like Chapek whose experience was the parks not the content or entertainment side of the house it was predictable. Iger would have avoided the move because he would have wanted to steer clear of the divisive politics between CA and Disney, The pennies saved wouldn’t be worth tarnishing the brand. But Chapek, the PR clueless s in charge. He’s already spent money on the executive center so I doubt they’ll scrap it. They might delay the move which would make the drooling Orlando real estate agents and developers poop their pants. They have been dying to get their hands on CA buyers who don’t blink at real estate prices and drive up any market. [/quote]
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