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Disney's Iger returns, and gives Wall Street what it wants. Is it enough?

Por: MarketWatch Business February 09, 2023

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Peltz got some of what he wanted Wednesday, with Iger announcing 7,000 layoffs, a restructuring that creates three core segments and . Iger added that while he is recommending to the board to restore the dividend, it will be modest. “We hope to build upon it over time,” he said. He also admitted that Disney’s cost-cutting initiatives will make it possible to pay for the dividend, a strategy Intel Corp. is using to keep paying its dividend,... + full article



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