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The Latest Breaking News from Bob Iger

Disney’s job cuts affect theme parks, but frontline workers spared

Disney will be cutting jobs in its theme parks division as part of a move to lay off 7,000 workers across the company, the chairman of the group said in an email to employees Thursday.

Orlando Sentinel

Tim Allen confirms his return to beloved Toy Story role after being replaced in Lightyear

Tim Allen has announced he will be reprising his role of Buzz Lightyear for the fifth instalment in the Toy Story franchise, after he was replaced in spinoff film Lightyear

Daily Mirror

To infinity and 'Toy Story 5'! Tim Allen confirms return as Buzz Lightyear

Tim Allen confirmed this week that he will reprise his role as Buzz Lightyear in the newly announced "Toy Story" sequel.

Los Angeles Times

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Peltz, citing changes at Disney, ends push for set on board

Activist investor Nelson Peltz is calling off a proxy fight with Disney one day after newly returned CEO Bob Iger announced a major restructuring of the company that includes thousands of job cuts

The Independent UK

Bob Iger casts doubt on rumors that Disney will buy Hulu and says 'everything is on the table'

"I’m not going to say we’re a buyer or a seller.”

Fortune

Disney CEO Bob Iger speaks out about replacing Bob Chapek fresh off a major restructure announcement saying he 'created a huge divide'

New CEO says he “was not looking for a job” when he got the call.

Fortune

New "Toy Story," "Frozen" and "Zootopia" movies on tap

Disney is working on sequels for its “Toy Story,” “Frozen” and “Zootopia” franchises as the company concentrates more on brands that have continued to perform well

The Independent UK

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Disney confirms Toy Story 5 and Frozen 3 are on the way

Animated animal comedy Zootopia 2 is also in the works

Manchester Evening News

Disney CEO confirms Toy Story 5 along with two other huge movie sequels

Walt Disney Corporation CEO Bob Iger confirmed that Toy Story 5 is officially coming, along with two other major releases from the animation studios

Daily Mirror

Toy Story 5, Frozen 3, and Zootropolis are in the works, says Disney

After major box office success for some of Disney’s most ‘unrivalled’ brands, the company has unveiled plans for sequels for three of its most popular franchises.

Evening Standard

Toy Story 5: Buzz Lightyear voice star Tim Allen responds to Disney announcement

News arrives weeks after Pamela Anderson’s flashing accusation

The Independent UK

Disney to cut 7,000 jobs as returned CEO Iger vows 'transformation'

The Walt Disney Co. will cut about 7,000 jobs as part of an ambitious companywide cost-savings plan and “strategic reorganization” announced Wednesday by CEO Bob Iger.

France 24

Disney to cut 7,000 jobs in Bob Iger’s ‘transformation’ of entertainment giant

The cuts make up about 3% of Disney’s 220,000-person global workforce and come as the company beat Wall Street’s earnings forecasts.

Chicago Sun-Times

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

The Walt Disney Co. says it will cut about 7,000 jobs as part of a “significant transformation” announced by CEO Bob Iger

The Independent UK

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Orlando Sentinel

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

Disney World CEO Bob Iger revealed plans Wednesday to lay off 7,000 workers of the company’s global workforce, about 3% of the workforce.

WEKU

Disney's Bob Iger is swinging the ax as he plans to lay off 7,000 workers worldwide

Returning CEO Bob Iger is making a statement to his board about the company's finances moving forward.

Los Angeles Times

Bob Iger signals ‘significant transformation’ as Disney+ loses 2.4 million subscribers

Bob Iger is back at Walt Disney Co., but that doesn’t mean the entertainment giant is out of the woods yet.

Fortune

Troubled Disney needs new Ant-Man sequel to ignite successful launch of MCU’s Phase 5 amid recent critical bombs and Q1 results

With Disney's stock in the doldrums and an activist investor waiting in the wings, a lot is riding on Marvel's superhero shoulders.

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Investors Business Daily

Disney Earnings Top, Disney+ Subscribers Fall; Iger Cuts 7,000 Jobs; Peltz Ends Proxy Battle

Disney earnings fell less than views in Q1 late Wednesday. The Dow giant will cut 7,000 jobs with Bob Iger back in charge. DIS stock rose late.

Fortune

Disney urges shareholders to bin Nelson Peltz voting ballots

The Mouse House voiced skepticism as to the Trian co-founder's motives, arguing he lacks the necessary experience and would be disruptive at a key juncture in time for the media industry.

Los Angeles Times

With '1619,' 'Summer of Soul' and 'The Plot,' Disney's diverse storytelling brand is making waves

LOS ANGELES — When Oscar winner Mahershala Ali and his producing partners made the rounds last year, pitching an adaptation of Jean Hanff Korelitz's bestselling novel "The Plot," it sparked a bidding war.

Fortune

Apple, Disney, Salesforce: Why are the world’s best companies failing to innovate on the future of work?

Disney and Apple have adopted a traditionalist perspective on how to innovate, which ironically hinders innovation, writes Gleb Tsipursky.

Fortune

Disney’s $5,000-per-package Star Wars-themed hotel is slashing prices as Iger navigates his latest headache

The Galactic Starcruiser is struggling to live up to expectations less than a year after launching.

Fortune

Here's what Disney's ousted CEO will receive for severance

Compare that to his 2021 salary of $32.5 million.

Fortune

Disney board: Peltz lacks 'skills and experience', offers no 'strategic' ideas

Disney also revealed that Peltz's campaign for a board seat had a surprise backer: Marvel chairman Isaac Perlmutter.

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Ahmir ‘Questlove’ Thompson

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