Disney and DeSantis Showdown Heats Up

In a significant turn of events, Disney added ‘secret’ declarations, strongly favoring financial interests, catching DeSantis’ team off guard. Disney’s Sneaky Declaration Only a few weeks prior to Florida Governor Ron DeSantis appointing a new board to oversee Disney’s special governing district in Orlando, Disney formulated a declaration specifying that any alterations made to the district must serve the interests of Walt Disney World. This … Continue reading Disney and DeSantis Showdown Heats Up

Disney’s Grim Layoff of 7,000 Employees

The first of three headcount reductions at Disney will begin this week, as announced by CEO Bob Iger on Monday. Disney’s Decision to Begin Layoffs Disney CEO Bob Iger revealed last month the company was planning to cut 7,000 jobs as part of a cost-cutting “strategic realignment.” According to a memo obtained by The Hollywood Reporter, the layoffs will commence this week as the first … Continue reading Disney’s Grim Layoff of 7,000 Employees