The Walt Disney Company Articles and News Stories
Disney’s Third Round of Job Cuts, 2500 Employees on the Line
Sources close to CNN have revealed that The Walt Disney Company is embarking on the third round of job cuts since the announcement earlier in the year of a restructuring that would include the loss of 7000 employees. It is not yet known which departments will be the focus of the move. With the company … Disney’s Third Round of Job Cuts, 2500 Employees on the Line
Disney Chairman Josh D’Amaro Comments on Starcruiser Closure & More During JP Morgan Conference
Josh D’Amaro, Chairman, Disney Parks, Experiences and Products, The Walt Disney Company, participated in a question-and-answer session at the JP Morgan Global Technology, Media & Communications Conference on Monday. During the conference, Josh addressed several topics that are of high interest currently. When asked if the political drama going on in Florida has impacted the … Disney Chairman Josh D’Amaro Comments on Starcruiser Closure & More During JP Morgan Conference
FL Gov. DeSantis Files Motion to Disqualify Judge from Disney Lawsuit
Friday afternoon, FL Governor Ron DeSantis’ office filed a motion to disqualify Judge Mark E. Walker in their legal battle with The Walt Disney Company. Part of the state’s argument is below. The Court’s unprompted suggestion, on two separate occasions, that the State punished Disney by eliminating its ‘special status’ gives an appearance of partiality … FL Gov. DeSantis Files Motion to Disqualify Judge from Disney Lawsuit
Disney Officially Cancels Lake Nona, FL Relocation Project
UPDATE: Florida Governor Ron DeSantis’ office has responded to the Lake Nona project cancellation as well with the following statement: Disney announced the possibility of a Lake Nona campus nearly two years ago. Nothing ever came of the project, and the state was unsure whether it would come to fruition. Given the company’s financial straits, … Disney Officially Cancels Lake Nona, FL Relocation Project
New Lawsuit Claims Disney Misled Investors
It’s been a tough year for The Walt Disney Company as they navigate the political waters of Florida, trading lawsuits with Governor Ron DeSantis over changes to the local region. Now, the legal team for the theme park and entertainment giant is working through a new suit that was filed in California on May 12th … New Lawsuit Claims Disney Misled Investors
The Walt Disney Company Q2 2023 Earnings Call RECAP
Today The Walt Disney Company held its Q2 2023 earnings call. Here they discuss fiscal second quarter 2023 financial results. They also released exciting news!
Disney Parks, Experiences, and Products Revenues for Q2 Are Up
Disney stated that results at the domestic parks and resorts were slightly unfavorable to the prior-year quarter. The Q2 results show that revenues are up 17%.
Disney Struggles With Writers Guild of America’s Strike
Late last week, the effects of the Writers Guild of America strike action began to take their toll, with the entertainment industry paying close attention to the fallout. If you aren’t familiar with what’s happening, there is an article from GQ that explains the situation quite well. Not only have some late-night talk shows already … Disney Struggles With Writers Guild of America’s Strike
Bill to Cancel Disney’s Development Agreements Passes FL Senate
UPDATE 2 pm: DeSantis signed SB 1604 the same day it hit his desk, wasting no time at all to nullify the developer agreements put into place by the previous board on February 8, 2023. Late Thursday afternoon, the Republican-controlled Florida Senate voted in favor of giving the Central Florida Tourism Oversight Board the authority … Bill to Cancel Disney’s Development Agreements Passes FL Senate
Dear Disney Cast Members: An Open Letter of Gratitude
It’s been a long week as I’ve impatiently waited to hear from each of my friends to see if they are losing their jobs at The Walt Disney Company in the second round of approximately 4000 layoffs. I’ve had trouble sleeping, my anxiety has spiked, my stomach is in knots, and it’s hard to think … Dear Disney Cast Members: An Open Letter of Gratitude
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