Bob Iger
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Disney’s direct-to-consumer streaming subscribers services lost $512M in the third quarter of 2023.
Disney begins first wave of layoffs by cutting top execs including Isaac Perlmutter of Marvel Entertainment.
Disney announced they would cut 7,000 jobs and cut expenses by $5.5B as part of a companywide strategic restructuring.
On Sunday, Disney made a surprise announcement, pulling Bob Iger out of retirement to serve as CEO once again.
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