The structure of the Walt Disney Company is in the midst of a shakeup under Bob Iger’s return as CEO, and with the changes will, unfortunately, come thousands of employee layoffs. Boomerang CEO Bob Iger returned to the top executive position in the company in November 2022 following the ousting of Bob Chapek. While Iger’s return includes the stipulation under ...

Disney’s first quarterly earnings call was full of surprises, Iger’s first since the firing of former Disney CEO Bob Chapek.  Among the topics was the future of Disney movies, the reshaping of the company, and, unfortunately, thousands of employee layoffs. Now, Disney CEO Bob Iger has messaged Cast Members about the reduction of the Disney Company workforce, addressing how “deeply ...

Following Bob Iger’s return as CEO of the Walt Disney Company, he participated in the first quarter earnings call on Wednesday, February 8, 2023, and he has continued to answer questions regarding the state of the company and his return to the position. With a renewed focus on creativity and streamlining costs to boost revenue, particularly for areas of the ...

Restructuring has been one of the top priorities for boomerang CEO of the Walt Disney Company Bob Iger since he returned to the top executive position in November 2022 (along with finding a suitable successor before his two-year contract comes to an end). Bob Iger spoke on the company’s first quarterly earnings call since his return that took place on ...

Disney+ has brought fans a ‘whole new world’ of television shows and movies from Marvel, Star Wars, and more since its launch back in 2019. The streamer has had some big hits for Disney, from the premieres of Pixar’s Soul (2020) and Turning Red (2022) to fan-favorite Grogu (or Baby Yoda) from The Mandalorian.  And though long-running comedy series The Simpsons and Star Wars series The ...

Disney CEO Bob Iger announced some shocking news during the quarterly earnings call that took place earlier this evening. Since returning to his position as CEO, the pressure has been building as the public eagerly waited to see how his earnings would shape up. Lots of pressure has been mounting on Iger, and this call was his first significant chance ...

It seems we haven’t seen the end of some Disney movie franchises quite yet. After a disappointing year for Disney animation, Disney Chief Executive Officer Bob Iger revealed that Disney is moving towards producing sequels of some of its most popular franchises – but they may not be the ones Disney fans were hoping for. With Disney’s 100th anniversary already ...

The Walt Disney Company hosted its first quarterly earnings call since Bob Iger returned as CEO of the company this afternoon, Wednesday, February 8, 2023. During the call, Iger outlined profits and losses across all segments of the company, and the revenue increase over the last quarter for Disney Parks, Experiences, and Products, and more specifically, the domestic theme parks, ...

Today we readily accept the bustling nightlife scenes at Walt Disney World Resort as part of the diverse makeup of various experiences to be enjoyed by Guests. But that wasn’t always the case. It wasn’t until the establishment of Pleasure Island that the idea of clubbing and more adult-oriented entertainment on Disney property even took off. Once presented as a ...

The last year was a challenging one for the Walt Disney Company between continued union negotiations with theme park Cast Members, the ongoing recovery from the pandemic, and the ousting of now-former CEO Bob Chapek. Still, the company has a 100-year legacy behind it that is being celebrated this year with Disney100 festivities in Disneyland Park, and around the world. ...