Disney to begin laying off employees
Layoffs at the Walt Disney Company are reportedly commencing. Disney chief executive Bob Iger told employees in a memo that job cuts started this week.
Disney CEO Bob Iger's layoff memo to employees: Read Here
Disney will begin cutting 7,000 workers in companywide layoffs, with a first round beginning this week, followed by a larger round set for April, CEO Bob Iger disclosed in a companywide memo.
Disney managers told to identify layoff candidates, with 4K job cuts expected by April: report
The Walt Disney Co. is reportedly planning to lay off at least 4,000 current employees in April after CEO Bob Iger announced a plan to cut 7,000 jobs as a cost-saving measure.
Disney+ users paid up when the price rose
Disney retained 94% of subscribers from its old, ad-free Disney+ service after a $3 per month price increase, pushing the subscription to $10.99 per month.
Disney park price hikes 'too aggressive,' CEO Bob Iger admits
Walt Disney Company's theme park pricing may have increased too aggressively, CEO Bob Iger said Thursday, in a speech at the Morgan Stanley Technology, Media and Telecom Conference.
NBA's Adam Silver, former Disney executives on short list to replace Bob Iger
NBA Commissioner Adam Silver is reportedly on a short list of candidates to replace Bob Iger as the CEO of Disney.
Disney's first-quarter earnings contain some notable elements
Disney released results for revenue and earnings above estimates from analysts, with CEO Bob Iger providing insights and updates on the entertainment giant in an earnings call.
Disney proxy fight over for Iger, Nelson Peltz claims victory
Activist investor Nelson Peltz of the Trian Group has announced the of his proxy fight with the Walt Disney Co and CEO bob Iger after the entertainment company unveiled restructuring plan that included cost cuts and 7,000 layoffs.
DeSantis vs. Disney: Florida governor declares 'there's a new sheriff in town'
Florida Gov. Ron DeSantis swiped at Disney again on Wednesday morning, telling reporters at a press conference that there's a "new sheriff in town."
Disney’s Iger to face investors as he contends with activist, ESPN's future, streaming status
The Walt Disney Co. will report its latest fiscal fourth-quarter results after the market closes Wednesday as returning CEO Bob Iger faces several issues.
Disney, Nelson Peltz fight escalates in board battle
Activist investor Nelson Peltz's hedge fund Trian Fund Management wrote to Walt Disney Co shareholders on Thursday on replacing the company's board director Michael Froman.
Disney's Splash Mountain ride water sells on eBay for thousands following closure of beloved ride
Since the closure of Walt Disney World's Splash Mountain ride, Disney goers have taken to eBay to attempt to sell water, with some listings asking for thousands of dollars.
Disney pushes back on Nelson Peltz
Disney is taking off the gloves in its battle with activist Nelson Peltz, who says the media giant needs to restore its magic.
Disney picks Nike executive chairman to helm the entertainment giant's board
The Walt Disney Company has picked Nike executive chairman Mark Parker to become the next chairman of its board, the company announced on Wednesday.
Disney World to tweak park reservations for annual passholders, allow impromptu visits after 2 p.m.
Walt Disney World Annual Passholders will soon be able to visit the theme parks without needing to make a Park Pass reservation.
Disney CEO orders hybrid employees back to the office four days per week
Hybrid employees at Disney will soon have to work in-person four days per week, CEO Bob Iger said in an email. FOX Business obtained the email.
Disney sets closing date for iconic Splash Mountain ride, reveals 2024 'Princess and the Frog' replacement
Walt Disney World has announced the official closing date for its Splash Mountain ride before it gets reimagined as Tiana’s Bayou Adventure.
Florida may reverse decision on Disney’s Reedy Creek District: report
Florida lawmakers are working on a plan that could resolve the conflict that developed between Gov. DeSantis and the Walt Disney Company.
Walt Disney CEO Iger meets with employees, hiring freeze stays in effect
Disney CEO Bob Iger on Monday held his first meeting with employees following his return to the top role at the entertainment giant and told them that the company's hiring freeze will remain in effect.
Disney inked $10M deal with Bob Iger to consult his replacement despite icy relationship: report
Bob Iger served as Disney's top executive for 15 years, during which time he spearheaded the acquisitions of Pixar, Marvel, Lucasfilm and 21st Century Fox.