What Disney's $1 billion project exit from Florida says about California's business climate

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Commentary: No one knows how the story will end between Disney and its villains in Florida. But the “most magical place on Earth” is sending a message to its employees, fans and other business leaders that some things are worth the fight. 📝 JulieLynem

by the advocacy group BizFed, which represents 240 organizations and 420,000 employers mostly in Southern California , affirmed that the cost of doing business still determines whether a company stays or leaves. BizFed president David Englin said that includes theBut the survey also found that pleasant weather, family ties, the right consumer base, and yes, a diverse workforce, are also strong motivating factors to stay.

California is a dominant economic force and first in the nation in forming businesses, access to venture capital and tourism spending, according to the governor’s office. Census data shows that business license applicationsInitiatives that promote diversity, equity and inclusionand are likely to remain in place, said Deniece Maston, HR knowledge advisor at the Virginia-based Society for Human Resource Management.

“I talk to businesspeople all the time, and in some cases, they are looking at adopting it, but they are adopting it holding their nose and not knowing how it will come off,” said Schniepp. “The verdict is still out on how long wokeness will be in place.”

 

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