Some 7,000 employees will lose their jobs, with the first round of cuts starting this week as Disney moves to slash costs.
"CEO Bob Iger has indicated ESPN remains a core business but needs to figure out a streaming future. Iger has sounded less ...
Disney CEO Bob Iger has confirmed the first of three rounds of layoffs is starting this week as the company looks to reduce ...
Disney CEO Bob Iger announced in February that the company would shed 7,000 jobs after losing billions on streaming. Layoffs ...
Ever since Bob Iger returned as the CEO of Disney in November 2022, cancelled projects and the fear of mass layoffs have ...
Disney's mandate is to cut costs and bring its streaming unit to profitability. Bob Iger will need to address, first and foremost, above-the-line content budgets. He will also need to bring in ...
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 ...
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 ...
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 ...
