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5 big earnings reports: Disney surging, Credit Suisse in the red By

investing.com Investing.com -- Walt Disney posted an earnings beat and said it will cut 7,000 jobs. And here are all 5 of the biggest earnings reports you may have missed on InvestingPro…

Disney announces planned sequels for 'Toy Story,' 'Frozen' and 'Zootopia'

nbcnews.com After the difficult news he had to deliver about layoffs and losses, Disney CEO Bob Iger announced several big news items for fans during the company’s earnings call for the…

Disney earnings call: 3 key moments for investors to know about

yahoo.com Under major pressure from billionaire activist investor Nelson Peltz, Disney CEO Bob Iger delivered a dose of magic to beleaguered investors in his first earnings call since…

Disney Q1 results beat estimates as theme parks shine; announces 7,000 job cuts

investing.com Investing.com -- Walt (NYSE: ) became the latest big employer to cut thousands of jobs, as returning CEO Bob Iger moved to ease pressure from shareholders unhappy at the…

Disney CEO Bob Iger wastes no time putting turnaround plans in place after a solid quarter

cnbc.com reported a stronger-than-expected fiscal 2023 first quarter after the closing bell Wednesday, and Bob Iger struck the right tone on his first conference call since returning…

Bob Iger Gets Blunt: Hollywood Can’t Give Up on the Old Until the New Starts Making Real Money

variety.com Bob Iger returned to the throne that he had only briefly vacated in dramatic fashion on Wednesday, presiding over his first quarterly earnings report since coming back as…

ESPN Is Sent on New Trajectory at Disney

variety.com After committing billions over the past few years to snare valuable sports rights, Disney is signaling it might play a more careful game when it comes to ESPN. Disney on…

Earnings Results: Affirm to lay off 19% of staff, stock tanks after earnings disappointment

marketwatch.com Affirm Holdings Inc. announced plans to cut 19% of its staff Wednesday following an earnings report in which the buy-now-pay-later company came up shy with both its results…

'Toy Story' and 'Frozen' sequels in the works, Disney CEO reveals

foxnews.com Disney is expanding its animated movie category with new films from some favorite franchises. Disney CEO Bob Iger announced on an earnings call Wednesday that "Toy Story,"…

What to expect from PayPal's earnings report

yahoo.com After last week’s surprise layoffs at PayPal, all eyes this week will be on the release of the company’s earnings report for the last quarter of 2022. Stock analysts expect…

MarketWatch First Take: Disney’s Iger returns, and gives Wall Street what it wants. Is it enough?

marketwatch.com In Bob Iger’s first earnings report since his recent return to Walt Disney Co. DIS, , he gave Wall Street exactly what it wanted: layoffs, corporate restructuring and a move…

Disney Will Layoff 7,000 Employees to Save $5 Billion in Costs. "I Do Not Make This Decision Lightly," CEO Bob Iger Says

entrepreneur.com The announcement, part of a massive corporate restructuring effort at the company, caused shares to surge. The mouse is about to clean house. That was the message heard loud…

Disney to cut 7,000 jobs in major revamp by CEO Iger

reuters.com on Wednesday announced a sweeping restructuring under recently reinstated CEO Bob Iger, cutting 7,000 jobs as part of an effort to save $5.5 billion in costs and make its…

Disney plans to cut 7,000 jobs and reward shareholders

cnn.com Disney said it would cut 7,000 jobs from its global workforce, part of a multibillion-dollar cost-cutting initiative aimed at streamlining the company’s operations in a…

Disney Stock Soars On Job Cuts, Cost Savings After Disappointing Streaming Subs

zerohedge.com Disney Stock Soars On Job Cuts, Cost Savings After Disappointing Streaming Subs Out of the gate, Disney looked good with a top- and bottom-line beat: 1Q Rev. $23.51B, Est.…

Iger’s Disney Fix-It Plan Has Something for Everyone

theinformation.com Bob Iger really should have run for president, as he once considered doing. His political instinct is unmatched, at least among CEOs. On Wednesday, in his first quarterly…

Disney to cut 7,000 jobs as CEO Bob Iger seeks "transformation"

cbsnews.com The Walt Disney Co. said Wednesday it will cut about 7,000 jobs as part of a "significant transformation" announced by CEO Bob Iger. The job cuts amount to about 3% of the…

Disney’s Iger reveals 7,000 layoffs in restructuring move

chicagotribune.com Disney World CEO Bob Iger revealed plans Wednesday to lay off 7,000 workers, about 3% of its global workforce of 220,000 as of October. In his first public financial report…

Disney to eliminate 7,000 jobs, CEO Bob Iger says

go.com Disney is set to eliminate 7,000 jobs, CEO Bob Iger said on the company's earnings call on Wednesday. The company is targeting a total of $5.5 billion in cost savings, Iger…

Disney to cut 7,000 jobs as it slashes costs and reorganizes

cnbc.com Disney said Wednesday it is planning to reorganize into three segments, while also cutting thousands of jobs and slashing costs. The media and entertainment giant said it…

Earnings Results: Disney stock soars as Iger plans 7,000 job cuts in return to earnings stage

marketwatch.com Walt Disney Co. Chief Executive Bob Iger returned to the earnings stage Wednesday and delivered a big beat, largely thanks to improving financial results at Disney’s theme…

Disney+ Drops 2.4 Million Subscribers in First Loss, Bob Iger Heralds ‘Significant Transformation’ Underway

variety.com Disney+ lost a net 2.4 million subscribers in the last three months of 2022 — marking the streaming service’s first decline since launching in late 2020 — while the Mouse…

Disney to cut 7,000 jobs, restructure company in cost-saving measure

theweek.com The Walt Disney Company on Wednesday announced that it would be laying off 7,000 employees as part of a restructuring effort to cut the entertainment giant's costs. Disney…

Bob Iger Calms Disney Investors Down

vanityfair.com It’s almost like he never left. Bob Iger was back in the CEO seat for Disney’s quarterly earnings call on Wednesday, his first since returning from retirement to lead the…

Disney to lay off 7,000 workers in major cost-cutting restructure

cbc.ca The Walt Disney Company on Wednesday announced a sweeping restructuring under recently reinstated boss Bob Iger, cutting 7,000 jobs as part of an effort to save $5.5 billion…

Disney Is The Latest Entertainment Giant To Announce Massive Layoffs

looper.com Learn More Disney Is The Latest Entertainment Giant To Announce Massive Layoffs Disney is a gargantuan company with so much to it that it's a wonder it hasn't buckled under…

Disney to Lay Off 7,000 People Amid Massive Subscriber and Revenue Losses

adweek.com Did someone say Andy Cohen? Join industry veterans and emerging voices at Convergent TV March 21-22 and upgrade your media strategy. Register now to save 35%. Even the House…

Disney to lay off 7,000 workers in major revamp by CEO Iger

theglobeandmail.com Walt Disney Co DIS-N on Wednesday announced a sweeping restructuring under recently reinstated CEO Bob Iger, cutting 7,000 jobs as part of an effort to save $5.5-billion in…

Disney Reaffirms Outlook For Streaming Profitability By 2024; CEO Bob Iger Calls The Business “My No. 1 Priority” But Vows Not To “Abandon” Movie Theaters Or…

deadline.com Disney CEO Bob Iger reaffirmed the company’s longstanding guidance to investors that its streaming business will become profitable by the end of fiscal 2024. Speaking on the…

Bob Iger Outlines New Disney Org Structure, With 7,000 Layoffs Planned

hollywoodreporter.com With CEO Bob Iger back at the helm, the new organizational structure of The Walt Disney Co. is taking shape, with 7,000 layoffs planned. On Wednesday the executive outlined…

Inside the Disney drama as CEO Bob Iger announces massive layoffs and a reorg that dismantles the structure under predecessor Bob Chapek

businessinsider.com Disney CEO Bob Iger. Photo by Kimberly White/Getty Images for Vanity Fair Bob Iger returned to Disney as CEO in November, ending Bob Chapek's rocky tenure. Iger announced…

Newly returned Disney CEO Bob Iger is cutting 7,000 jobs and reorganizing the company

businessinsider.com 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…

Disney plans layoffs, restructuring as streaming business declines

adage.com Losses in the streaming business more than doubled to $1.05 billion from a year earlier, but that was better than management had forecast three months ago. “The work we are…

Disney Announces New ‘Toy Story’ and ‘Frozen’ Sequels on the Way, ‘Avatar’ Experience Coming to Disneyland

variety.com After the difficult news he had to deliver about layoffs and losses, Disney CEO Bob Iger announced several big news items for fans during the company’s earnings call for the…

Disney Laying Off 7,000 Employees, or 3% of Workforce, Eyes $5.5 Billion in Total Cost Reductions

variety.com Bob Iger is back as Disney’s CEO — and swinging the axe. Disney will reduce its workforce by 7,000 employees in a bid to cut costs, Iger said Wednesday on the company’s…

Iger’s Disney Reorg: Dana Walden and Alan Bergman to Co-Run All TV, Film and Streaming; ESPN Becomes Standalone Unit

variety.com Disney CEO Bob Iger has implemented a sweeping reorganization of the company’s operations, creating a Disney Entertainment business unit to be led by Dana Walden and Alan…

Disney to lay off 7,000 workers, CEO Bob Iger says

go.com Disney is set to lay off 7,000 workers, CEO Bob Iger said on the company's earnings call on Wednesday. The company is targeting a total of $5.5 billion in cost savings, Iger…

Disney Does Not Plan to Spin Off ESPN, Bob Iger Says

hollywoodreporter.com Despite a newly unveiled business structure at Disney, which sees ESPN in its own division at the company, CEO Bob Iger said he has no plans to spin off the sports brand. On…

Disney to lay off 7,000 workers as it looks to slash billions in costs

washingtonpost.com Disney plans to eliminate some 7,000 jobs as it embarks on a broad effort to rein in expenses, chief executive Bob Iger said Wednesday. “While this is necessary to address…

Disney to shed 7,000 jobs as Iger seeks $5.5 billion in savings

siliconvalley.com By Thomas Buckley | Bloomberg Walt Disney’s Chief Executive Officer Bob Iger announced plans for a dramatic restructuring of the world’s largest entertainment company that…

Bob Iger announces 7,000 layoffs at Disney, signals 'significant transformation'

latimes.com Bob Iger, in his first earnings call since returning to the company, announced Walt Disney Co. will shed 7,000 jobs as part of a broader effort to save $5.5 billion in…

Disney to lay off 7,000 workers, cut $5.5 billion worth of costs in latest reshuffle

yahoo.com will lay off 7,000 workers as the company seeks to slash $5.5 billion in costs and restructures the organization into three core business segments: Disney Entertainment,…

Disney to cut 7,000 jobs worldwide in effort to save $5.5bn in costs

theguardian.com Disney on Wednesday announced a sweeping corporate restructuring that will result in 7,000 people losing their jobs as part of an effort to achieve $5.5bn in cost savings.…

Disney to cut 7,000 jobs in Iger's company 'transformation'

marketbeat.com The Walt Disney Co. said Wednesday it will cut about 7,000 jobs as part of a “significant transformation” announced by CEO Bob Iger. → Know Your Profit Potential BEFORE You…

Disney To Reinstate Dividend By Year End

deadline.com Disney CEO Bob Iger said the company has asked its board to reinstate the dividend by the end of the calendar year. The payouts, beloved by investors, especially Disney’s…

Disney Will Reinstate Dividends, Cut 7,000 Jobs As Bob Iger Hones In On Bottom Line

forbes.com Disney CEO Bob Iger outlined his plan to turn around the entertainment behemoth in the first quarterly earnings call since his return, laying out a plan to save $5.5 billion…

‘Toy Story,’ ‘Frozen’ and ‘Zootopia’ Sequels in the Works, Says Bob Iger

hollywoodreporter.com Disney is doubling down on its animated franchises. Disney CEO Bob Iger teased that more installments are in the works for Toy Story, Frozen and Zootopia. On an earnings…

Disney Targets $3B in Content Cost Savings Over Next Few Years

hollywoodreporter.com Disney is targeting $3 billion in content savings over the next few years, excluding sports, CEO Bob Iger announced Wednesday. Speaking to the company’s renewed focus on its…

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