Disney is set to lay off as many as 1,000 employees, primarily from its marketing department, as part of a new cost-cutting phase initiated shortly after Josh D'Amaro became CEO in mid-March. This follows a major reorganization and workforce reduction of 7,000 jobs in 2023 under former CEO Bob Iger. The marketing department was recently consolidated under a single chief marketing officer, Asad Ayaz, marking the first time all Disney units are unified under one marketing leader. These layoffs reflect ongoing efforts to streamline operations and strengthen Disney's long-term growth prospects after a challenging period for the company.
Capital Link has published its Q2 2026 Quarterly Shipping Insights report, featuring exclusive interviews with senior executives from major shipping sectors including Container, Dry Bulk, LNG, LPG, and Tankers. The 132-page report covers critical the...
Disney continues to leverage its strong intellectual property portfolio, with steady revenue growth and robust cash generation despite operational and debt challenges. The success of Toy Story 5, which earned $780 million at the box office, highlight...
The Walt Disney Company reported Q2 results that exceeded earnings and revenue expectations, driven by an 88% increase in select streaming operating income and $4.94 billion in free cash flow. Despite macroeconomic challenges, Disney's strong perform...
