walt disney company Articles and News Stories
Layoffs, Hiring Freeze; Leaked Memo Reacts to Disney Revenue Drop
A leaked memo has led to news from Disney CEO Bob Chapek that there are staff reductions and a hiring freeze in place for The Walt Disney Company in response to the underwhelming Q4 earnings results. While Chapek made light of the report earlier in the week, insisting that the numbers were all part of … Layoffs, Hiring Freeze; Leaked Memo Reacts to Disney Revenue Drop
Chapek’s Disney Moves to “Lifestyle Brand”
Moving closer to its 100th year of operation, Disney is making a concerted company effort to move further from a designated entertainment giant over to an all-encompassing “Lifestyle Brand.” If you didn’t catch the Bob Chapek Q&A yesterday with the Wall Street Journal’s Mat Murray, or perhaps you couldn’t stand to watch it, I’ve taken … Chapek’s Disney Moves to “Lifestyle Brand”
Festive New Decor Coming to Disneyland for 100th Anniversary Celebration
Kicking off on January 27, 2023, the Happiest Place on Earth will not only have new nighttime shows, a newly opened attraction in Mickey’s ToonTown, Mickey and Minnie’s Runaway Railway, but it will also boast new platinum-infused décor throughout the entire resort in celebration of The Walt Disney Company’s 100th Anniversary. Walt Disney’s original Sleeping … Festive New Decor Coming to Disneyland for 100th Anniversary Celebration
BREAKING NEWS: The Walt Disney Company Board Votes to Extend Bob Chapek’s Contract as CEO for Three Years
The Walt Disney Company Board of Directors has unanimously voted to extend Bob Chapek’s contract as CEO for three years. Bob Chapek took over for the well-liked Bob Iger, and Chapek has just agreed to this long-term contract. For many Disney fans, this may be some bad news. This means that the new agreement will … BREAKING NEWS: The Walt Disney Company Board Votes to Extend Bob Chapek’s Contract as CEO for Three Years
Disney Will Cover Travel Expenses for Cast Members Who Want an Abortion
Making history on Friday, June 24, 2022, the Supreme Court ruled to overturn Roe v. Wade, the longstanding precedent that guaranteed women the fundamental right to have an abortion. The Walt Disney Company, according to L.A. journalist Matthew Belloni, has advised its cast members that it will cover travel expenses for those who live in … Disney Will Cover Travel Expenses for Cast Members Who Want an Abortion
Highlights from The Walt Disney Company’s Q2 2022 Earnings Call
It’s that time again: time for The Walt Disney Company’s Quarterly Earnings Call, with today’s focus being the fiscal second quarter 2022 financial results. If you missed the call, let’s take a few minutes to go over some of the highlights. The call began with the company’s CEO, Bob Chapek, sharing his thoughts regarding the company’s … Highlights from The Walt Disney Company’s Q2 2022 Earnings Call
Is Disney’s Inclusion Key Hitting the Mark?
For more than 65 years, Disney’s customer service culture was built upon a foundation of four key elements: Safety, Courtesy, Show, and Efficiency. A little-known series of building blocks that would serve as more than just a clever tagline, instead functioning as an integral part of Disney hospitality. Cast members would call upon these four … Is Disney’s Inclusion Key Hitting the Mark?
The Walt Disney Company Halts Business Dealings in Russia
As a result of the invasion of Ukraine, The Walt Disney Company has issued a statement regarding its business operations in Russia. Disney is pausing the release of all theatrical films in Russia, and will be looking into the remainder of their business interactions in the country. As the statement mentions, some of the business … The Walt Disney Company Halts Business Dealings in Russia
Disney Launches Storyliving to Develop Residential Communities
As more and more fans look for new ways to make Disney a bigger part of their lives, the company today announced plans to introduce Storyliving by Disney, vibrant new neighborhoods that are infused with the company’s special brand of magic. These master-planned communities are intended to inspire residents to foster new friendships, pursue their … Disney Launches Storyliving to Develop Residential Communities
Disney CEO Bob Chapek Outlines Focus for 2022
In a memo sent out to Disney cast members on Monday, Bob Chapek, Chief Executive Officer of The Walt Disney Company, summarized his plans for the company using three distinct “pillars” to outline his objectives for 2022. Ever since Chapek took over for longtime CEO Bob Iger back in February of 2020, there has been … Disney CEO Bob Chapek Outlines Focus for 2022
