News The Walt Disney Company Board of Directors Extends Robert A. Iger’s Contract as CEO Through 2026

Vegas Disney Fan

Well-Known Member
Did they let go their IT staff go also? We’ve been trying to add transportation for our January cruise and have been getting error messages for 2 days.

It’s funny how something like this would be unacceptable for even a tiny mom and pop store but with Disney it’s so common it’s just something we now expect.
 

Nubs70

Well-Known Member
Not defending Disney, but you probably can't read too far into any movement today given the market as whole dropping significantly so far today.
Sure you can read into it. DIS is falling faster than the market.

What caused the greater market sell-off? A bad jobs report. Another fact is the previous months and months of glorious jobs reports are continually be downgraded. Now come September's jobs reports includes a downgrade of today's bad jobs report, expect another drop in DIS.

Keep this up and DIS might actually get down to a reasonable P/E ratio.
 

HauntedPirate

Park nostalgist
Premium Member
2% layoff at Disney Entertainment Television and 13% at NatGeo:


The Bloomberg article is paywalled, but this is available before you hit the wall:

"The company is eliminating about 140 jobs, or about 2% of staff at Disney Entertainment Television, said the people, who asked not to be identified discussing nonpublic information. The cuts will fall hardest on networks like NatGeo and Freeform, which are scaling back their programming, as well as the company’s ABC stations."
 

Tha Realest

Well-Known Member
I see Iger's still getting the company and shareholders to pay for his bizarre and cringeworthy NBA fantasies.
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Lilofan

Well-Known Member
Feels like travel industry stocks got a beatdown today above and beyond what the rest of the market got.
If one can't stomach dips rises and valleys in the markets then they should not be in it. Long-term investors buying into markets that are diversified ( that's key ) are doing just fine .
 

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