4 ms·

Disney to layoff 28,000 employees as coronavirus slams its theme park business

33 points by nabaraz 6y ago

xoxoy 6y ago
I’ve found all the talk about a jobs recovery to be very premature. The people quickest to be laid off or furloughed were in restaurants or other service jobs that were quickest to be rehired, but there’s clearly lasting economic repercussions from Covid that will now hit other industries that could afford to tread water for a few months but now feeling the impacts of increased debt that they took on to ride the storm and/or prolonged suppression of demand
just-juan-post 6y ago
> coronavirus Lockdowns. Not the virus. Disney would open if the government would let them. Let people choose. Infection Fatality Ratios for COVID-19 Among Noninstitutionalized Persons 12 and Older: Results of a Random-Sample Prevalence Study Sept 2020, Annals of Internal Medicine https://www.acpjournals.org/doi/10.7326/M20-5352 https://www.acpjournals.org/doi/10.7326/M20-5352 People aged 40 or below have a .01% chance of dying. People over the age of 70 have a 1.17% chance of dying. Overall the chance of dying from the virus is 0.26%.
- SomeoneFromCA 6y ago
  This horse is beaten to death. 1.7% among 60+ (not 1.17 among 70% like you wrote) fatality rate is extremely high. Any attempts to isolate younger population from older did work, whoever tried - the virus would eventually find it way into older population. Besides these number are not right. NYC data suggests 2-3 times higher numbers.
  - slaw 6y ago
    When you are 66 year old man, your odds to die within a year is 1.7% Source: https://www.finder.com/life-insurance/odds-of-dying https://www.finder.com/life-insurance/odds-of-dying
    - SomeoneFromCA 6y ago
      And? What does it have to do with Covid?
      - slaw 6y ago
        1.7% fatality rate is not extremely high for 60+ year old people. When you are old, you are more likely to die from flu, covid or anything.
        SomeoneFromCA 6y ago
        Really? There is 100% probability of eventually dying for people of 0+ age. We probably should stop worrying about diseases at all. 1.7% is a very high fatality rate for everyone, old or not. And this is without having the hospitals overflowed.
      - shureluck 6y ago
        You seem angry
- mediaguilt 6y ago
  These are in the hospital. What’s the IFR ounce the hospital is saturated and won’t help you survive? Probably much higher than 3%.
  - hindsightbias 6y ago
    I’m fine with Disney reopening as long as they add an attraction for those turned away from the ER. Perhaps the Bedknobs and Broomsticks ride can be adapted to a hospital bed and an IV pole.
- f69281c 6y ago
  >Disney would open if the government would let them. They did reopen; I remember a video from what feels like months ago (but these days that could have been last week) where managers were telling employees "welcome home" (gross). The article says they're getting slammed by low attendance rates, which makes sense because a lot of people either don't want to go to a theme park right now or don't have the money to.

33 points by nabaraz 6y ago

I’ve found all the talk about a jobs recovery to be very premature. The people quickest to be laid off or furloughed were in restaurants or other service jobs that were quickest to be rehired, but there’s clearly lasting economic repercussions from Covid that will now hit other industries that could afford to tread water for a few months but now feeling the impacts of increased debt that they took on to ride the storm and/or prolonged suppression of demand

just-juan-post 6y ago

> coronavirus Lockdowns. Not the virus. Disney would open if the government would let them. Let people choose. Infection Fatality Ratios for COVID-19 Among Noninstitutionalized Persons 12 and Older: Results of a Random-Sample Prevalence Study Sept 2020, Annals of Internal Medicine https://www.acpjournals.org/doi/10.7326/M20-5352 https://www.acpjournals.org/doi/10.7326/M20-5352 People aged 40 or below have a .01% chance of dying. People over the age of 70 have a 1.17% chance of dying. Overall the chance of dying from the virus is 0.26%.

SomeoneFromCA 6y ago
This horse is beaten to death. 1.7% among 60+ (not 1.17 among 70% like you wrote) fatality rate is extremely high. Any attempts to isolate younger population from older did work, whoever tried - the virus would eventually find it way into older population. Besides these number are not right. NYC data suggests 2-3 times higher numbers.
- slaw 6y ago
  When you are 66 year old man, your odds to die within a year is 1.7% Source: https://www.finder.com/life-insurance/odds-of-dying https://www.finder.com/life-insurance/odds-of-dying
  - SomeoneFromCA 6y ago
    And? What does it have to do with Covid?
    - slaw 6y ago
      1.7% fatality rate is not extremely high for 60+ year old people. When you are old, you are more likely to die from flu, covid or anything.
      - SomeoneFromCA 6y ago
        Really? There is 100% probability of eventually dying for people of 0+ age. We probably should stop worrying about diseases at all. 1.7% is a very high fatality rate for everyone, old or not. And this is without having the hospitals overflowed.
    - shureluck 6y ago
      You seem angry
mediaguilt 6y ago
These are in the hospital. What’s the IFR ounce the hospital is saturated and won’t help you survive? Probably much higher than 3%.
- hindsightbias 6y ago
  I’m fine with Disney reopening as long as they add an attraction for those turned away from the ER. Perhaps the Bedknobs and Broomsticks ride can be adapted to a hospital bed and an IV pole.
f69281c 6y ago
>Disney would open if the government would let them. They did reopen; I remember a video from what feels like months ago (but these days that could have been last week) where managers were telling employees "welcome home" (gross). The article says they're getting slammed by low attendance rates, which makes sense because a lot of people either don't want to go to a theme park right now or don't have the money to.