A little over a week before was fired as the of the , it was announced that Disney would undergo a .
It’s currently been a little over a week since was reinstated as the CEO of Walt Disney, and fans and alike have had many questions regarding the changes he’ll bring.
This afternoon, Iger held an employee-wide Town hall event that was live-streamed to is still on. who couldn’t make it in person. During this Town Hall, Iger answered some of our burning questions and confirmed that the
A source who attended the event recently shared some information with DisneyTips, revealing that Iger was asked directly about the and whether that would continue while he is CEO.
Iger responded, saying he “Just got here.” He continues, saying,
I don’t have any plans to not do that. That has to continue. Considered length of time as we address cost structure of company.
It’s no secret that the isn’t financially performing as successfully as they’d like. Between the recent pandemic and the two hurricanes that traveled across Florida in September and November (Hurricane Ian and Hurricane Nicole, respectively), the took a hit. Not only that, but Disney+ has cost the company more money than anticipated.
announced that specific cost-cutting measures would continue at and Disneyland, despite how they affect the Guest experience. It appears that cost-cutting measures, such as this , are here to stay.