Can Bob Iger Fix Disney?

New York CNN Business — Bob Iger is returning to Disney as CEO, taking over the reins of a very different company from the one he led when he stepped down as CEO in February 2020. With $1.5 billion in streaming losses in the last quarter alone, disgruntled Park fans, sinking cable networks like ESPN … Read more

Disney plans to freeze hiring and cut jobs, memos show

Disney (DIS) plans to freeze hiring and cut some jobs as it strives to push the Disney (DIS)+ streaming service to profitability amid economic uncertainty, according to a memo seen by Reuters Friday. Chief executive Bob Chapek sent the memo to Disney executives, saying the company was instituting a targeted hiring freeze and planning “some … Read more

Disney plans to freeze hiring and cut jobs, memos show

Disney (DIS) plans to freeze hiring and cut some jobs as it strives to push the Disney (DIS)+ streaming service to profitability amid economic uncertainty, according to a memo seen by Reuters Friday. Chief executive Bob Chapek sent the memo to Disney executives, saying the company was instituting a targeted hiring freeze and planning “some … Read more