Disney begins process of cutting 7,000 jobs as CEO Bob Iger warns 'challenges ahead'

Disney (DIS) CEO Bob Iger announced the start of the company's mass layoffs on Monday after the company last month outlined plans to cut ... 7,000-job target, warned there will be "challenges ... Read More

Disney begins second round of layoffs as company aims to cut 7,000 jobs by summer

Disney (DIS) will lay off thousands of more workers this week as it looks to slash 7,000 jobs by the summer ... Disney chief Bob Iger, who stepped back into the CEO position in November, has ... Read More

Disney begins third round of expected layoffs, cutting more than 2,500 additional jobs, source says

More than 2,500 staff are expected to lose their jobs across the latest wave of ... of cuts that were previously announced by Disney CEO Bob Iger. It was not immediately known which divisions ... Read More

Disney to cut 7,000 jobs in major revamp by CEO Iger

By Dawn Chmielewski and Lisa Richwine LOS ANGELES (Reuters) – Walt Disney Co on Wednesday announced a sweeping restructuring under recently reinstated CEO Bob Iger, cutting 7,000 jobs as part of ... Read More

Disney to cut 7,000 jobs amid plans for ‘significant transformation’

The Walt Disney Co has said it will cut about 7,000 jobs as part of a “significant transformation” announced by CEO Bob Iger. The job cuts amount to about 3% of the entertainment giant’s ... Read More

The four Disney executives who could succeed Bob Iger as CEO in two years

Walt Disney ... Bob Chapek as proof that Disney’s board of directors, who oversee the succession process, weren’t up to the job. Chapek’s tumultuous tenure lasted less than three years; Iger ... Read More

Disney's Bob Iger Steps Down as CEO, Succeeded by Parks Chair Chapek

Disney's Robert Iger steps down as CEO and becomes executive chairman. He's succeeded by Bob Chapek, chairman of the entertainment giant's parks. Shares of Walt Disney (DIS) fell in premarket ... Read More

Bob Iger: Disney’s Job Is “Not to Advance Any Kind of Agenda”

Asked whether Disney would stay out of politics, CEO Bob Iger said that the company is not out to “advance any kind of agenda,” but rather is focused on entertainment. “Our job is to ... Read More

Disney to cut 7,000 jobs amid plans for ‘significant transformation’

The Walt Disney Co has said it will cut about 7,000 jobs as part of a “significant transformation” announced by CEO Bob Iger. The job cuts amount to about 3% of the entertainment giant’s global ... Read More