The Walt Disney Co.

Disney’s Dark Days Ahead: Bob Iger Plans Another $2 Billion in Cuts

The Walt Disney Company is planning an additional $2 billion in spending cuts in the months ahead –the latest sign of continued dark times for the once-formidable company, which is struggling with spiraling costs, an unprecedented string of box-office flops, and self-inflicted brand damage resulting from ill-advised culture wars.

Bob Iger