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NEW YORK, United States (AFP) – In a dramatic twist worthy of a “Star Wars” spin-off, Disney ditched CEO Bob Chapek and brought back Bob Iger, Hollywood’s most respected executive, who faces a huge challenge to revive the Magic Kingdom. Iger’s return comes as Disney is trying to negotiate an uncertain era, where investors have lost faith in some of the most storied names in US media as companies bleed cash in the hunt for customers […]
LOS ANGELES, United States (AFP) — Disney announced Tuesday it will pay bonuses to 125,000 US employees and launch a new employee education program, joining other big companies in steering some funds from tax reform to employees. The two initiatives represent a total allocation of more than $175 million in this fiscal year, the entertainment giant announced in a statement. US hourly and non-executive salaried employees will receive a one-time $1,000 cash bonus in two […]
