1 month ago | By NPR
Returning CEO Bob Iger is making a statement to his board about the company's finances moving forward. (Image credit: Patrick T. Fallon/AFP via Getty Images)
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1 month ago | By Orlando Sentinel
Disney World CEO Bob Iger revealed plans Wednesday to lay off 7,500 workers, about 3% of the workforce.
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1 month ago | By ABC
Disney is set to lay off 7,000 workers, CEO Bob Iger said on the company's earnings call on Wednesday.
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1 month ago | By Business Insider
Iger. Photo by Drew Angerer/Getty Images
Disney CEO Bob Iger announced layoffs on Wednesday.
7,000 jobs will be cut.
Iger returned as CEO in November.
Disney CEO Bob Iger is looking to cut costs and reorganize the company, announcing sweeping layoffs on Wednesday. During the company's quarterly earnings call on Wednesday, Iger said the company would cut 7,000 jobs. It's part of an effort to target over $5 billion in cost savings this year, Iger said. Iger returned as CEO in November after leaving the role in early 2020. He replaced his successor, Bob Chapek. Disney+ also lost subscribers...
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1 month ago | By Fortune
Shares of Disney rose as much as 3.8% to $116 in extended trading after the results were announced.
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The leaked water remains contained on-site and has not been detected in any local drinking water, Xcel Energy said. Read more ...
The September 2022 in-flight failure of Blue Origin's New Shepard suborbital vehicle was caused by a problem with the vehicle's engine nozzle, the company announced on Friday . Read more ...
Raise a glass, a coup, a mug or flute, today is National Cocktail Day. The word cocktail, according to barroom historian David Wondrich has its origin in the ginger... Read more ...
The "Reasonably Shady" podcast host asked the "Real Housewives of Miami" stars to only speak English around her so she wouldn't "feel left out." Read more ...
Bacteria from meat is likely behind more than a half-million urinary tract infections in the US annually - which could lead to more severe bloodstream infections. Read more ...
At least three people were found dead this week after their vehicles were swept away by floodwaters in Arizona, authorities said. Read more ...
At 26 Pond Road, an estate featuring stained-glass ceilings, multiple pools and a marble-clad gym now asks less than half of its original $100 million ticket price. Read more ...
Executive producers Reese Witherspoon and Kacey Musgraves enlist a trio of country music trailblazers to find Nashville's next new voice. Read more ...
For the first time this century, two No. 1 seeds didn't make it to NCAA women's basketball's Sweet 16. And teams who geared up with transfers are challenging historically... Read more ...
The man who inspired the novel and the Hollywood film Hotel Rwanda , Paul Rusesabagina, is due to be released from prison after the Rwandan government commuted his sentence... Read more ...