Disney to cut 7000 jobs in major revamp by CEO Iger
1072
Thursday, 09 February, 2023, 12:12
 The Walt Disney Co. announced plans Wednesday to cut about 4% of its entire workforce. That means layoffs for 7,000 employees. The company's stock increased immediately after the announcement, which was expected. Returning CEO, Bob Iger, is making a statement to his board about the company's finances moving forward. His goal is to cut more than $5 billion in costs in part by consolidating divisions that make and distribute movies and TV shows. |
Trump vows retaliation after three Americans killed in Syria attack
10119:47
UNESCO recognizes Italian cuisine as intangible world heritage
17416:42
The Walt Disney Company and OpenAI reach landmark agreement to bring beloved characters from across Disney’s brands to Sora
59811.12.2025, 21:48
Miss Finland stripped of crown following apparent racist gesture (photo)
68111.12.2025, 17:35
Trump launches gold card program for expedited visas with a $1 million price tag (photo)
57811.12.2025, 13:11
«Demand from your city authorities the AIR your children are entitled to-it is a vital necessity»: Kristina Vardanyan (photo)
69310.12.2025, 18:47