News Formal

Disney is set to report earnings after the bell — here's what to expect

  • 📰 CNBC
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

Disney is in the process of laying off thousands of employees under CEO Bob Iger's restructuring plan.

While the company's theme park and theatrical divisions have rebounded from the pandemic, its streaming and traditional media segments are slowing down.

Disney is also feuding with Florida Gov. Ron DeSantis, feeling the effects of the writers strike and in the process of laying off thousands.Writers walk the picket line on the second day of the television and movie writers' strike outside Disney Studios in Burbank, California on May 3, 2023.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bob Iger faces many hurdles as Disney set to report earningsDisney is expected to report its slowest revenue growth since the second quarter of 2021.
Source: nypost - 🏆 91. / 67 Read more »