Some 7,000 employees will lose their jobs, with the first round of cuts starting this week as Disney moves to slash costs.

Disney (DIS) CEO Bob Iger has enacted the first steps of his long-awaited turnaround ... "Disney is facing some big decisions ...

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 ...

Isaac “Ike” Perlmutter, the Marvel Entertainment chairman, unsuccessfully tried to shake up Disney’s board this year.

Bob Iger’s email to all Disney employees confirmed that three different rounds of layoffs would be taking place, with the ...

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 announced in February that the company would shed 7,000 jobs after losing billions on streaming. Layoffs ...

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 ...

Ever since Bob Iger returned as the CEO of Disney in November 2022, cancelled projects and the fear of mass layoffs have ...

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 ...