Disney to cut 7,000 jobs and cut $5.5 billion in costs
The massive layoffs come after Disney confirmed that Disney+ lost over 2 million subscribers in the last quarter.
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Disney wins (and loses) Thanksgiving box office
The Thanksgiving box office results are in: Disney wins a third straight weekend with Wakanda Forever, but also loses big with Strange World.
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Bob Iger is back as Disney CEO, replacing Bob Chapek
In a surprising development, Disney brings back Bob Iger as the company’s CEO and replacing Bob Chapek, effective immediately.