Quote:
Originally Posted by joshgirls
i know dude. the high society people who own all the disney stock tip their champagne glasses because management kept the money coming in. Meanwhile 1900 jobs are out the door. Maybe i'm being a populist here. The shareholders would fire me as CEO because i protected jobs at the expense of profits. I guess i need to become crueler if i want to be rich.
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What about the elderly who own Disney Stocks as part of their retirement plans? You are aware that the percentage of "average" Americans who own stocks and bonds is higher than ever before in history? It isn't just "high society people" It's more complicated than that. And yeah, I feel bad about people losing their jobs. But Disney is a corporation and has to think about the big picture and the future. They aren't in business to give people jobs. They are in business to make money and grow as a company. Nobody is owed a job in this world. Matter of fact nobody is owed anything. That's just the way it is.
If a guy had a job there for 10 years...then instead of feeling bad about it, he should be happy he got paid for 10 years. It's rough out here.