Disney has laid off Isaac ("Ike") Perlmutter, the head of Marvel Entertainment, as part of its cost-cutting plans. The company began cutting 7,000 jobs this week in an effort to reduce $5.5 ...

When Disney abruptly laid off more than 300 people in Beijing in late March, it said the move was meant to save money as part of ongoing layoffs. Privately, Disney executives had additional ...

Disney laid off hundreds of employees in its Beijing office ahead of a meeting with a US congressman who chairs a committee focused on US competition with China and data privacy, according to a ...

The pandemic has hit “the happiest place on earth” as the Walt Disney Company announced on Tuesday 28,000 staff at its theme parks will be laid off due to closures from the novel coronavirus. Guests ...

Madi Portes was five years into her job at Disney World when she was furloughed this spring. In September, Portes and 28,000 others learned they would be laid off. She spoke with CBS News about ...

It's a rare day that passes without a headline about Elon Musk, Mark Zuckerberg, Jeff Bezos, or any number of the other flashy and seemingly press-loving billionaires. The rumored cage fight ...

The Mouse House is looking to save money in some of the wrong places and it's likely Meta, Amazon, and others did the same. Corporate cuts come with difficult choices, but too often they come down ...

According to its 2021 annual report, the Disney group employed 190,000 people worldwide as of October 2 of that year AFP News Entertainment giant Disney said Wednesday it was laying off 7,000 ...