Walt Disney CEO Bob Iger is “overwhelmed and exhausted” trying to rebuild his company.
After former CEO Bob Chapek stepped down, Iger has shown some regret for returning.
Iger agreed to cut $5.5 billion in costs including the lay off of 7,000 employees, but Peltz doesn’t know if Iger can get business back on track.
Disney CEO Bob Iger ‘overwhelmed and exhausted’ during company slump: report https://t.co/w6IORaAxBx pic.twitter.com/6WOe1ydZXp
— New York Post (@nypost) October 10, 2023
Peltz, at The Trian Fund Management now has around $2.5 billion in Disney stock.
John Nolte of Breitbart News said, “Every single one of Disney’s problems comes down to its obsessive left-wing political, social, and sexual agenda, which is deliberately aimed at innocent little kids.”
“Forbes points out that Disney’s failing streaming service, Disney+, has already lost two billion — with a “B” — dollars this year but doesn’t bother to point out why. We all know why. The content sucks,” he added.
Sources describe Bob Iger as “overwhelmed and exhausted” as he faces diminished attendance at Disney World, a loss of Disney+ subscribers, & box office flops. pic.twitter.com/Pk5m5bBt6r
— CINEHOUSE 🤩 (@itscinehouse) October 11, 2023
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