Bob Iger

The Walt Disney Company is the latest media and technology sector major to resort to layoffs to "help achieve" cost savings. The House of Mouse is planning to lay off 7,000 employees across the network. 

The layoffs at Disney follow similar moves by US tech giants that have terminated thousands of employees as companies dial back a hiring spurt that began during the height of the pandemic. 

Nov 21, 2022 09:11
In an industry shocker of an announcement that came right out of left field as it were, The Walt Disney Company announced late Sunday (US time) the return of Bob Iger as CEO, less than a year after the company veteran retired. In a terse notice, The House of Mouse stated that the recently re-upped Bob Chapek is out. 
Feb 26, 2020 16:02
BURBANK, Calif.: The Walt Disney Company board of directors announced Tuesday that Bob Chapek has been named chief executive officer, The Walt Disney Company, effective immediately. Chapek most recently served as chairman of Disney Parks, Experiences and Products.
Dec 06, 2017 11:12
MUMBAI: Who would have seen this coming?  A report that CNBC broke last month about Walt Disney acquiring a large chunk of the assets owned by 21st Century Fox, including Star India, is firming up to a possible announcement as early as next week, the US business news network reported early Tuesday, citing sources.