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Disney 7000 laid off

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(1)News > Foreign media
(2)Disney 7000 laid off
(3)Reporter Byun Byungho
(4)Input 20230601 1026

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(1)The workforce reduction work announced by Walt Disney Company CEO Bob Iger in February this year as part of measures to improve profitability seems to have been completed
(2)Pixabay

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(1)According to foreign media on the 1st, Disney fired 7,000 people on three occasions This is Disney’s full-time job
(2)220,000 won is 32 as of October last year
(3)CEO Iger said the job cuts could save about $5.0 billion and 7.2573 trillion won, and Disney CEO Bob Iger announced in February that he would carry out large-scale job cuts to reduce various costs
(4)Iger CEO’s profit improvement measures have just been implemented It hasn’t led to improved performance yet January 1-April 1 in the first quarter of this year is CEO Iger’s second performance since he took office in November last year. Disney’s first-quarter sales rose 13 years from the same period last year to $21.8 billion, or about 28.8 trillion won On the other hand, operating profit fell 112 to $3.285 billion, or about KRW 4.3398 trillion during the same period
(5)Iger CEO Is Now Focusing On Improving Disney Plus Profitability Disney Plus’s operating loss still amounts to $659 million, about 870.1 billion won, but it fell sharply from $1.1 billion, about 1.453 trillion won in the previous quarter However, Disney Plus paid subscribers fell 4 million to 157.8 million in the first quarter from the previous quarter

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