The Walt Disney Company Articles and News Stories
New Wave of Disney Job Cuts Has Begun
From coast to coast, Disney is expected to hand down thousands of job cuts across The Walt Disney Company this week in the second and largest wave since the announcement in February. The company is expected to reduce its workforce by 7000 employees in an effort to sustain a more promising financial outlook after a … New Wave of Disney Job Cuts Has Begun
Pay Rise And Contract Extension For One Disney Executive
In the midst of thousands of employment layoffs across The Walt Disney Company, one Disney executive is seeing their salary increase. Deadline is reporting that Disney Communications Chief Kristina Schake has received a pay rise due to an “increase in her responsibilities,” the publication stated. Not only is Schake allegedly receiving a base salary of … Pay Rise And Contract Extension For One Disney Executive
Disney CEO Bob Iger Makes List of TIME 100 Most Influential People
Today, TIME revealed the 2023 TIME100, its annual list of the 100 most influential people in the world. CEO of The Walt Disney Company Bob Iger is pictured on one of the 4 worldwide magazine covers. Although Iger might fit into one of the many categories on the TIME 100 list, he was placed in the Innovators … Disney CEO Bob Iger Makes List of TIME 100 Most Influential People
Bob Iger Appoints Disney’s First-Ever Chief Brand Officer
Bob Iger, CEO of The Walt Disney Company, announced on Thursday that Asad Ayaz has been named the company’s first-ever Chief Brand Officer. In this newly created role reporting to Iger, Ayaz will be responsible for stewarding and elevating the Disney brand globally across the entire ecosystem of company touchpoints and consumer experiences. Ayaz will … Bob Iger Appoints Disney’s First-Ever Chief Brand Officer
Disney CEO Bob Iger Has Plenty to Say Regarding FL Governor Actions Against the Company
During the Q&A section of Monday’s 2023 Annual Investor call, Disney CEO Bob Iger was specifically asked about the Reedy Creek Improvement District situation with Florida Governor Ron DeSantis. Iger said that Disney loves Florida and reminded folks that companies have the constitutional right to freedom of speech just like individual Americans do, and that … Disney CEO Bob Iger Has Plenty to Say Regarding FL Governor Actions Against the Company
Highlights from The Walt Disney Company 2023 Annual Meeting of Shareholders
At the start of the Annual Meeting of Shareholders Monday afternoon, The Walt Disney Company premiered a brand new sizzle for Disney100. Grab your tissues, it’s a good one! Disney CEO Bob Iger kicked the meeting off from on-location at the Magic Kingdom at Walt Disney World, reiterating that stories empower the company. Bob talked … Highlights from The Walt Disney Company 2023 Annual Meeting of Shareholders
Disney Eliminates Metaverse Division in New Restructure
News from the Wall Street Journal overnight reports that Disney has scrapped their entire Metaverse division in the latest round of cost-cutting measures. The move is part of a broader plan to improve The Walt Disney Company’s profitability by reducing employment. The division is said to have held around 50 jobs that handled metaverse, a … Disney Eliminates Metaverse Division in New Restructure
Disney Set to Cut 4,000 Jobs in the Next Two Weeks
UPDATE: March 27, 2023: Disney CEO Bob Iger sent out an internal memo Monday morning outlining three rounds of layoffs – the first round of layoffs will take place this week, the second round next month, and the final round of layoffs prior to the summer season. Iger’s message to cast members can be read … Disney Set to Cut 4,000 Jobs in the Next Two Weeks
Disney Imagineer Rolly Crump Has Sadly Passed Away at Age 93
Legendary Disney Imagineer, Animator, and Designer Rolly Crump sadly passed away at the age of 93 at his home in California. Crump is well-known in the Disney community for his work on “it’s a small world,” Haunted Mansion, the Enchanted Tiki Room, and more. When “it’s a small world” moved to Disneyland in 1966, he … Disney Imagineer Rolly Crump Has Sadly Passed Away at Age 93
New Human Resources Officer Appointed at The Walt Disney Company
Robert A. Iger, Chief Executive Officer of The Walt Disney Company, announced Monday that Sonia Coleman has been named Senior Executive Vice President and Chief Human Resources Officer. Coleman has recently served as Senior Vice President, Human Resources for Disney Entertainment and ESPN, succeeding Paul Richardson, who is leaving the company after more than 15 … New Human Resources Officer Appointed at The Walt Disney Company
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