- Cost cutting reductions, including layoffs, are expected to hit Disney in the coming weeks and months.
- CEO Bob Iger has asked top execs to reorganize the former Disney Media Entertainment Distribution division.
- Evercore ISI suggested Disney could save $1.3 billion with the kinds of cuts NBCUniversal is exploring.
https://www.businessinsider.com/disney-earnings-anxious-execs-brace-cost-cuts-layoffs-2023-2