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'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic

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'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic

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Power companies are using eminent domain to seize land for data centers as 70% of Americans say not in my backyard

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Red Lobster’s 37-year-old CEO waited tables before joining the C-suite—he says it was a crash course in managing ‘difficult people and situations’
Arts & EntertainmentDisney

Disney to meet with staff after outcry over stand on LGBTQ bill

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Christopher Palmeri
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Carly Wanna
Carly Wanna
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Bloomberg
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By
Christopher Palmeri
Christopher Palmeri
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Carly Wanna
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, and
Bloomberg
Bloomberg
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March 20, 2022, 3:47 PM ET
People from the Walt Disney Company participate in the annual LA Pride Parade in West Hollywood, Calif., on June 9, 2019.
People from the Walt Disney Company participate in the annual LA Pride Parade in West Hollywood, Calif., on June 9, 2019.David McNew—AFP/Getty Images
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Walt Disney Co., trying to quell an internal uproar over its reluctance to publicly oppose a Florida bill barring schools from discussing gender issues with young children, will host a March 21 town hall meeting to discuss the subject with employees.

The meeting is part of a larger effort called Reimagine Tomorrow, which is designed to promote diversity and inclusion at the world’s largest entertainment company. Previous gatherings have covered Black representation, violence against the Asian-American community and anti-Semitism.

The discussion will look at how the bill, which is expected to be signed by Florida Governor Ron DeSantis, may impact families of employees. Disney plans to move about 2,000 workers from California to a new campus in the state.

The legislation is contentious. Supporters say it gives parents control over how their kids are introduced to subjects such as gender identity, while critics say it’s a threat to children and basic human rights. Opponents call it the “Don’t Say Gay” bill.

Chief Executive Officer Bob Chapek initially held that Disney wouldn’t take a public position on the bill, saying that public stands on controversial issues often get “weaponized.” He changed course amid widespread employee discontent with that decision and apologized to workers for not taking a stand earlier.

Some Disney staffers already staged a week of internal protests, with plans to culminate in a full-day walkout March 22.

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