{"id":1841568,"date":"2023-02-09T17:35:37","date_gmt":"2023-02-09T22:35:37","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1841568"},"modified":"2023-02-09T17:35:49","modified_gmt":"2023-02-09T22:35:49","slug":"go-woke-go-broke-disney-to-axe-7000-jobs-as-company-faces-backlash-over-left-wing-agenda","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/go-woke-go-broke-disney-to-axe-7000-jobs-as-company-faces-backlash-over-left-wing-agenda\/","title":{"rendered":"Go Woke, Go Broke: Disney to Axe 7,000 Jobs as Company Faces Backlash Over Left-Wing Agenda"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">32<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fgo-woke-go-broke-disney-to-axe-7000-jobs-as-company-faces-backlash-over-left-wing-agenda%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1841568&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47-->\n<p>Disney announced Wednesday that it will be cutting 7,000 jobs in response to backlash against its woke agenda and declining revenues.<\/p>\n<p>Disney will be able to reduce its costs by $5.5 billion, with $3 billion coming from content, CNBC reports. <a href=\"https:\/\/www.cnbc.com\/2023\/02\/08\/disney-reorganization.html\" target=\"_blank\" rel=\"noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/www.cnbc.com\/2023\/02\/08\/disney-reorganization.html&#038;source=gmail&#038;ust=1676058152037000&#038;usg=AOvVaw0emWbbs_OmPSBPlWPVOZlK\">reported<\/a>. Robert Iger, Disney CEO, said that Disney will also reorganize itself into three divisions: entertainment; ESPN; and parks and experiences.<\/p>\n<p>The revamp comes in the wake of recent setbacks that Disney suffered last year under former CEO Bob Chapek. Governor. Ron DeSantis (R.), threatened that Disney&#8217;s tax cuts privileges and autonomy in a special district would be rescinded. Disney was criticized for openly opposing the Parental Rights in Education Act (described by Democrats as &#8220;the Parental Rights in Education Act&#8221;). &#8220;Don&#8217;t Say Gay&#8221; Bill, which bans teachers from discussing sex or gender identity with children under the age of three.<\/p>\n<p>Disney has faced problems at both the box office, and in streaming. Recent Disney\/Pixar films <em>Lightyear<\/em>  <em>Strange World<\/em>Both films, which had budgets of $180 million and $200 million, failed to make it big at the box office. Both films failed to make it big at the box office. <a href=\"https:\/\/www.foxnews.com\/media\/go-woke-go-broke-liberal-movies-books-tv-bombed-2022\" target=\"_blank\" rel=\"noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/www.foxnews.com\/media\/go-woke-go-broke-liberal-movies-books-tv-bombed-2022&#038;source=gmail&#038;ust=1676058152037000&#038;usg=AOvVaw1lDi1-3cNjfAjD_DAhwlEC\">Stirred<\/a> The inclusion of explicit LGBT themes within movies for children and families has sparked controversy.<\/p>\n<p>Last year, Disney\u2019s direct-to-consumer division <a href=\"https:\/\/www.cnbc.com\/2022\/11\/08\/disney-dis-earnings-q4-2022.html\" target=\"_blank\" rel=\"noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/www.cnbc.com\/2022\/11\/08\/disney-dis-earnings-q4-2022.html&#038;source=gmail&#038;ust=1676058152037000&#038;usg=AOvVaw3vDQX5-iBR-zkfb8Zy3Eyq\">Loss<\/a> The fourth quarter saw $1.47 billion, and then-CEO Bob Chapek expects profitability in fiscal year 2024. Disney+, Disney&#8217;s streaming service, has now been launched. &#8220;161.8 million subscribers, down 2.4 million from September,&#8221; According to <a href=\"https:\/\/www.forbes.com\/sites\/marisadellatto\/2023\/02\/09\/disney-loses-subscribers-as-netflix-gains-where-all-the-major-streaming-services-stand\/\" target=\"_blank\" rel=\"noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/www.forbes.com\/sites\/marisadellatto\/2023\/02\/09\/disney-loses-subscribers-as-netflix-gains-where-all-the-major-streaming-services-stand\/&#038;source=gmail&#038;ust=1676058152037000&#038;usg=AOvVaw2KrCHxXcTfybCRO1YJmZ9O\">Forbes<\/a>. The stock price of Disney has dropped 40% from 2021.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Disney on Wednesday announced it is cutting 7,000 jobs as the corporate giant weathers declining revenue amid backlash to its woke agenda.<br \/>\nThe post Go Woke, Go Broke: Disney to Axe 7,000 Jobs as Company Faces Backlash Over Left-Wing Agenda appeared first on Washington Free Beacon.<\/p>\n","protected":false},"author":1708,"featured_media":1841571,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[544],"tags":[18224,3815,10379,4265,10060,5425,6344,4330,5129,5558],"class_list":["post-1841568","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-free-beacon","tag-18224","tag-agenda","tag-axe","tag-backlash","tag-broke","tag-company","tag-disney","tag-jobs","tag-left-wing","tag-woke"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1841568","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1708"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1841568"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1841568\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1841571"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1841568"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1841568"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1841568"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}