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Company Challenges

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Insiders' Faith in Disney CEO Bob Iger's Return Fades.
business2 years ago

Insiders' Faith in Disney CEO Bob Iger's Return Fades.

Disney employees are becoming increasingly anxious and losing faith in CEO Bob Iger's ability to lead the company. Iger's return as CEO was initially met with hope, but layoffs, talk of selling TV assets, and uncertainty about the company's future have eroded morale. Insiders describe an atmosphere of fear and confusion, with concerns about downsizing and more layoffs. Iger's leadership style and decision-making have come under scrutiny, and his recent comments about the actors' and writers' strikes and the value of talent have raised questions. Disney is facing internal challenges, declining assets, and pressure from external antagonists. Iger is focused on streamlining the company, acquiring Hulu, and finding a partner for ESPN, but there are doubts about his ability to navigate the changing entertainment landscape. The search for Iger's successor remains a pressing issue.