Ike Perlmutter Departs Disney/Marvel After Activist Campaign and Layoffs.

TL;DR Summary
Disney has fired Marvel Entertainment chairman Ike Perlmutter, who had backed an activist campaign against the company's CEO Bob Iger. Perlmutter, who established Marvel Studios as the future of Hollywood with 2008’s Iron Man, was laid off via phone as part of cost-cutting measures. Marvel Entertainment will be folded into larger Disney units, while Perlmutter’s co-president and chief counsel were also laid off. The layoff of Perlmutter comes days after Disney announced it would cut 7,000 staff amid financial difficulties and rising costs.
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- Disney Lays Off Ike Perlmutter, Chairman of Marvel Entertainment The New York Times
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