FILE - In this Jan. 9, 2019 photo, guests watch a show near a statue of Walt Disney and Micky Mouse in front of the Cinderella Castle at the Magic Kingdom at Walt Disney World in Lake Buena Vista, Fla. The Walt Disney Company reports their corporate results on Wednesday, Feb. 8, 2023. .
LOS ANGELES — The Walt Disney Co. said Wednesday it will cut about 7,000 jobs as part of a “significant transformation” announced by CEO Bob Iger. Iger returned as CEO in November following a challenging two-year tenure by his handpicked successor, Bob Chapek. The company says the job reductions are part of a targeted $5.5 billion cost savings across the company. As of Oct. 1, Disney employed 220,000 people, of which about 166,000 worked in the U.S. and 54,000 internationally.
The old dinosaur should’ve stayed retired
Like Dell, they waited until after the SOTU. Between the two, that's some 19,000 jobs.
You mean all that wokeness didn’t increase profits?
More sequels instead of original content and lay offs to make sure shareholders are taken care of. It sure is great that Bob Iger is back… (sarcasm obviously)
Go woke, go broke
WOKE
My bad. I canceled my Disney+ in December. I had no idea the affect that would have.
Shutdown Disneyland in Florida or move to other states
They should take away all executive bonuses and raises. That alone could save all 7,000 jobs!
Fire the racists and groomers first.
How many cuts will be in Florida?
Iger making Disney great again
Not good lol
Disney is obsessed with everything Trans'.
They’re way overpriced! Why do people want to go broke there? 🤷♀️
'trickle-down economics is good for the economy!'
Disney made more money than god last year. This is a trash excuse for trash corporate behavior.
FL is tanking. No one wants to visit that fascist state.
Liberalism all the way time to boycott Disney
Go woke go broke
Is this go woke, go broke?
Good
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Disney stock gains as Bob Iger's earnings return produces a beat despite Disney+ disappointmentDisney Chief Executive Bob Iger returned to the earnings stage Wednesday and delivered a big beat, largely thanks to improving financial results at $DIS’s theme parks, but Disney+ subscribers declined more than expected.
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Disney earnings: CEO Bob Iger tackles cuts and the fate of Hulu and ESPNDisney CEO Bob Iger has 'very little room for maneuver' as he tackles layoffs, budget cuts, a company reorg, and questions over the future of Hulu and ESPN Got WOKE? Yep. Or they could stop being so woke and just make cartoons again.
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Disney’s Earnings, Reorganization Represent Early Test for CEO Robert IgerRobert Iger is expected to outline his vision for Disney in his first earnings call since returning to the company as CEO Keep pumping out 1619 BS and see how that goes. Would love to see Disney return to what is was, and how Walt envisioned it to be. Leave all the wokeness out.
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Disney will report earnings for the first time since Bob Iger's return – what to expectDisney reports fiscal first-quarter earnings after the bell. This is Bob Iger's first earnings release since returning as CEO in November. Expect the unexpected! 🤔
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