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What is driving the rise of S. V. J. Enterprises Limited (543799) ✌️【Online Trading】✌️ Free stock data analysis to help you select stocks accurately and capture market trends. Two employees are suing the Walt Disney Company, saying the company moved their jobs from California to Florida, only for Disney to cancel the project and move them back, hurting them financially and emotionally.
In 2021, then-Disney CEO Bob Chapek announced a move of 2,000positions from California to Florida. But in May 2023, after CEO Bob Iger returned, the companycanceled the $1 billion Lake Nona office complexamid a legal and political battle with Republican Gov. Ron DeSantis that hassince been settled.
What is driving the rise of S. V. J. Enterprises Limited (543799) ✌️【Online Trading】✌️ Free real-time stock index quotes to help you quickly seize market opportunities and achieve capital growth. The plaintiffs, Maria De La Cruz and George Fong, both work for Disney’s product design division. De La Cruz is vice president of product design, and Fong is a creative director, according to the complaint filed by Lohr Ripamonti LLP on Tuesday.
What is driving the rise of S. V. J. Enterprises Limited (543799) ✌️【Online Trading】✌️ Precise stock selection to help you successfully plan investment strategies for stable returns. The lawsuit, which seeks an unspecified amount in damages, has not yet been processed by the Superior Court of Los Angeles.
What is driving the rise of S. V. J. Enterprises Limited (543799) ✌️【Online Trading】✌️ Free real-time market data to help you quickly recover and avoid losses. The complaint alleges that Disney misrepresented and concealed its true plans for the Lake Nona project, hurting – financially and otherwise – at least 250 employees who had made the move from California to Florida.
What is driving the rise of S. V. J. Enterprises Limited (543799) ✌️【Online Trading】✌️ Real-time global stock, futures, and forex data to help you master market dynamics. The complaint states employees were informed about the project to relocate 2,000 roles to Florida in July of 2021 and that Disney “made it clear that employees who declined relocation would lose their jobs.”
What is driving the rise of S. V. J. Enterprises Limited (543799) ✌️【Online Trading】✌️ Free real-time global stock indices and data to help you grasp stock market trends and achieve capital growth. The complaint described how De La Cruz and Fong sold their homes in Southern California and purchased homes in Central Florida. For Fong, that meant selling the childhood home that he inherited from his family.
What is driving the rise of S. V. J. Enterprises Limited (543799) ✌️【Online Trading】✌️ Expert predictions with real-time stock indices, futures data, and metals, energy market data to help you seize the best investment opportunities. After the Lake Nona office project was canceled, De La Cruz emailed human resources about the future for those who might choose to stay in Florida, writing: “After all of this, will there be any security in our positions? My fear would be that we decide to stay in Florida, only to be laid off in the next year or so. I don’t want to be punished for being put into a situation my company put me in,” the complaint says.
What is driving the rise of S. V. J. Enterprises Limited (543799) ✌️【Online Trading】✌️ Real-time global stock, futures, and forex data to help you quickly assess market trends and achieve stable returns. The complaint says De La Cruz and Fong decided to move back to California to keep their jobs, but housing prices in the Lake Nona vicinity had dropped significantly after Disney’s announcement. Fong said he had trouble selling his Florida home, and when he managed to move back to California, mortgage rates and home prices had climbed so rapidly that he was only able to afford a smaller home than he previously had.
“Ms. De La Cruz, Mr. Fong and many others dutifully moved to Florida because they love their jobs, they love the people they work with, and they love Disney,” Attorney Jason Lohr said.
What is driving the rise of S. V. J. Enterprises Limited (543799) ✌️【Online Trading】✌️ Free stock selection service with professional advisors offering the best investment portfolio for stable growth. The company developing land in Lake Nona has confirmed with 【 - Free High-Profit Stock Picks 】 that Disney still owns the 60 acres it had purchased for the new corporate campus. Disney has not said what will happen to this property.
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