Isaac “Ike” Perlmutter, the Marvel Entertainment chairman, unsuccessfully tried to shake up Disney’s board this year.
Disney embarked on the budget-tightening stint after facing pressure from activist investors who accused the company of overspending on its streaming business. Bob Iger said the layoffs will occur ...
Following the lead of other media companies like Warner Bros. Discovery, Disney is now also gearing to lay off employees as ...
Bob Iger’s email to all Disney employees confirmed that three different rounds of layoffs would be taking place, with the ...
Disney CEO Bob Iger announced in February that the company would shed 7,000 jobs after losing billions on streaming. Layoffs ...
We’ll send you a myFT Daily Digest email rounding up the latest US & Canadian companies news every morning. Bob Iger’s plan to attack streaming-boom era spending at Walt Disney will pick up ...
Ever since Bob Iger returned as the CEO of Disney in November 2022, cancelled projects and the fear of mass layoffs have ...
Disney CEO Bob Iger has confirmed the first of three rounds ... and far greater Wall Street skepticism about the economics of streaming. He has already dismantled the centralized distribution ...
Disney CEO Bob Iger told shareholders in an earnings call that the company plans to lay off 7,000 employees as part of a ...
We’ll send you a myFT Daily Digest email rounding up the latest Walt Disney Co news every morning. Isaac “Ike” Perlmutter, the billionaire who sold Marvel to Disney in 2009 and had clashed with the ...
The streaming race has been a boon ... the company spends on its movies and shows. Iger, the longtime former CEO who took over from the ousted Bob Chapek in November, has specifically highlighted ...