The Walt Disney Company has announced that it too will join the parade of large companies trimming their workforce in a round of layoffs. The Mouse House will part ways with many as 7,000 employees. That’s roughly 4% of the global work force. As part… Read More »The Walt Disney Company to cut 7,000 jobs in reorganization.
In what can only be described as an unexpected turn of events, the leadership atop The Walt Disney Company has shifted dramatically tonight. Bob Chapek, who replaced Bob Iger as CEO just two years ago is out and Iger is back as CEO effective immediately.… Read More »Bob Iger returns to Disney as CEO after Bob Chapek steps down
The Walt Disney Company yesterday reported earnings for its fourth quarter and fiscal year which ended October 1, 2022, during an investors call. “2022 was a strong year for Disney, with some of our best storytelling yet, record results at our Parks, Experiences and Products… Read More »The Walt Disney Company Announces Q4/Fiscal Year 2022 Earnings
The new “Marvel Avengers Campus” attraction opens at Disneyland Paris on July 20, but last night on July 9, Disney held a dedication ceremony for it. Kicking Things Off The event started with the Disneyland Paris Ambassadors welcoming media and guests in both French and… Read More »Disneyland Paris Hosts ‘Marvel Avengers Campus’ Dedication Ceremony
In a unanimous vote, The Walt Disney Company Board of Directors have handed Chief Executive Officer Bob Chapek a new three year contract. That’s a strong vote of confidence for the embattled leader of the Mouse House. Bob Chapek took over from Bob Iger, the… Read More »Disney Board Grants CEO Bob Chapek A Long Term Contract Extension
Yesterday, May 11, The Walt Disney Company released the details of its Second Quarter Financial Report for 2022, and overall CEO Bob Chapek and Senior Executive Vice President/CFO Christine McCarthy reported positive numbers. The Walt Disney Company (TWDC) divides its businesses in two parts: media/entertainment… Read More »The Walt Disney Company Releases 2022 Quarter 2 Financials Report
Another day, another memo from Disney CEO Bob Chapek as he attempts to course correct the company’s response to Florida’s Parental Rights in Education bill, aka the “Don’t Say Gay” bill. In this latest statement, Chapek says, “Speaking to you, reading your messages, and meeting… Read More »Disney CEO Bob Chapek Issues New Statement on Disney’s Support For The LGBTQ+ Community
The Walt Disney Company held its 2022 annual shareholders meeting yesterday afternoon (March 9), and during it, Disney CEO Bob Chapek talked about the company’s response to Florida’s controversial Parental Rights in Education legislation, also known as the “Don’t Say Gay” bill. Chapek stated the… Read More »Human Rights Campaign and Pixar LGBT+ Employees Respond To Disney CEO Bob Chapek’s Comments