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Tag Archives: Disney layoffs

Secret’s Out! Bob Iger’s “Era of Building” Includes MORE Layoffs

disney pixar layoffs

Despite Disney CEO Bob Iger’s statement last year that Disney was entering a new era of building, it appears Disney’s Pixar is going through another round of sizeable layoffs. The Walt Disney Company saw a year characterized by restructuring, downsizing, and a lot of cuts (be those budget or workforce) in 2023. In fact, when Bob Iger came back to ...

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Iger Boasts That Cutting 7,000 Employees Saved More Money Than Expected

disney movies release

Walt Disney Company CEO Bob Iger shouldn’t be expected any gifts from his employees anytime soon. Iger had become the poster boy for out-of-touch CEOs when he called the demands of the Actors Guild of America “unreasonable” and their strike “unfortunate.” He made those comments in an interview with CNBC at “Billionaire’s Summer Camp” in Sun Valley, Idaho. SAG-AFTRA President ...

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No One is Safe: Top Analyst Fired During Disney Layoffs

The Disney layoffs have been absolutely brutal. When Disney CEO Bob Iger announced the layoffs in February of 2023, the community was shocked at the magnitude that Mr. Iger made clear was necessary as part of the cost-cutting efforts of the Walt Disney Company. The Mouse House committed to its shareholders that it would work to cut $5.5 billion in ...

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ESPN Fires Longstanding Female Pioneer in Sports Broadcasting

Disney employees sound off on company layoffs

Suzy Kolber, a renowned sports journalist, and broadcaster, has been laid off by ESPN after an incredible 27-year tenure with the company. This unfortunate development is part of a series of wider job cuts undertaken by Disney throughout the year. Kolber, who enjoyed a remarkable 38-year career in the industry, was most recently recognized as the host of Monday Night ...

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Disney Begins Latest Round of Layoffs

Disney Begins Latest Round of Layoffs

Morale must be incredibly low at the Walt Disney Company’s media divisions. Disney CEO Bob Iger announced this month that Disney+ lost more than four million subscribers, and ad revenue at Disney’s network, including ABC and ESPN, dropped 35 percent so far this year as more consumers cut the cable cord. Disney’s media division has suffered through two rounds of ...

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‘Frozen,’ ‘Zootopia,’ and ‘Toy Story’ Sequels Not Enough to Save Disney Kids and Animation Divisions

disney kids animation layoffs

It’s a somber time at the Walt Disney Company offices. As has been covered extensively since its announcement and onset, the company has been going through major layoffs. On February 8, 2023, during the earnings call for the first quarter of the Financial Year 2023, Disney CEO Bob Iger announced that the company was going to be undergoing a significant ...

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“There Is A Sense Of Foreboding”: Disney Layoffs to Resume Soon

second round disney layoffs

The subject of the Disney layoffs has dominated all recent conversations and headlines about the company—save for the news of the feud with Florida Governor Ron DeSantis—following the announcement made during the February 8 earnings call. During this call, Disney CEO Bob Iger revealed plans for a significant restructuring of the Walt Disney Company, leaving many in the community stunned ...

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7000 Layoffs Later, Disney World to Hire 13,000 Cast Members

disney world layoffs cast members

The Disney layoffs have taken center stage when it comes to Disney news since the announcement during the February 8 earnings call. When Disney CEO Bob Iger announced that the Walt Disney Company was going to be making significant changes with a notable restructuring of the company, the community at large was shocked by the magnitude of what this meant. ...

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