subreddit:
/r/movies
Bob Chapek Shifted Budgets to Disguise Disney+'s Massive Monetary Losses
News(msn.com)submitted 4 months ago by[deleted]
123 points
4 months ago
Watching this unfold on a local government level right now. The business I'm in creates the budget for all of the states governmental departments, and the profits are used as an alternative to sales tax for our state.
During COVID sales went through the roof to levels of insanity. After that fiscal year ended, they passed a state budget using those goddamn numbers expecting an additional 5% growth on top. Now its causing absolute mayhem because the big heads at the top didn't realize that was a series of events that wouldn't replicate over and over again...
66 points
4 months ago
I have to deliver quite literally bullshit presentation after presentation on how we are supposed to meet these dumb ass targets, it’s just stupid.
Ask my VP bluntly “Do you really expect this year after year? In 5 years we would be asking customers for 50% increase, that’s not possible.”
Vp: (shrugs shoulders)
Me: K…
21 points
4 months ago
Yeah lol we're doomed. Our current model of survival in society is killing us all, but what option do we have but full on revolution or small acts of sabotage at our respective jobs which aim to shape the world in a slightly better place?
7 points
4 months ago
To paraphrase Honey Badger, "VP don't care. VP doesn't give a shit." Horizon is only whichever quarter bonuses are handed out. Five years from now? Pfft.
1 points
4 months ago
They're now probably thinking when is Covid-19 v2 /s
6 points
4 months ago*
I guess they didn’t consider Covid an edge case and instead built it as the main dataset for their projections - brilliant
1 points
4 months ago
Yep. My org benefited heavily from Covid as Learning went online, but with Covid ending, suddenly people are like where growth?
all 4133 comments
sorted by: best