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 ...

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 ...

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 ...

The Walt Disney Company has been in the news a lot recently. Between the Disney layoffs that surprised many a Disney fan with its scope and range. The announcement of this substantial restructuring of the Walt Disney Company, made by CEO Bob Iger, shocked the wider community due to the significant scale of the proposed changes. In the midst of ...

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. ...

The Walt Disney Company is not limiting its job-cutting measures to its employees in the United States. Related: Multiple Executives Lose Jobs as Layoffs Begin at Disney The latest round of layoffs appears to come from China, where over 300 Beijing-based employees connected to Disney’s streaming services were laid off. According to The Wall Street Journal, people familiar with the matter said ...

The Disney layoffs have been the talk of the town since they were announced in February of this year. During the February 8 earnings call, Disney CEO Bob Iger revealed that the Walt Disney Company would be implementing substantial staff reductions, estimated to affect approximately 7,000 employees. The scale of these layoffs has provoked some criticism, with certain parties mocking ...

According to the website called Babylon Bee, Walt Disney Company CEO Bob Iger has gone too far with his extensive layoffs within the Walt Disney Company. The layoffs have recently started, and in a brand-new satirical article, Babylon Bee has teasingly said that “heavy layoffs at Disney have now left Snow White with only three dwarfs in her entourage.” The satirical article mockingly declared ...

7000-person layoffs are a shocking enough sentiment on their own. But it seems that the Walt Disney Company is taking this task to heart as, in the latest news, the Mouse House is reportedly eliminating an entire division of the company under the initiative. Since the layoffs were first announced during the February 8 earnings call, this news has taken ...

The first round of layoffs is finally underway at The Walt Disney Company, but those newly detached from the Mouse House are wasting no time in putting their best foot forward to find their next home. In the course of a few days, we learned that returning Disney CEO Bob Iger and his leadership team would begin terminating 4,000 occupied ...