DIS Stock Recent News
DIS LATEST HEADLINES
In 2023, Disney cut 7,000 jobs as part of an effort to save $5.5 billion in costs.
Disney is laying off several hundred employees globally amid declining TV audiences. The layoffs affect marketing, publicity, casting, and corporate finance, mainly in the US.
CNBC's Julia Boorstin joins 'The Exchange' to discuss Disney announcing more layoffs.
Walt Disney is laying off several hundred employees globally in teams including marketing for film and television, publicity, and casting and development, a source familiar with the matter said on Monday.
EXCLUSIVE: Major layoffs are underway Monday the Walt Disney Company, with several hundred employees impacted globally, Deadline has learned. The bulk of them are across divisions of Disney Entertainment, including marketing for both film and television as well as television publicity, casting and development. Also affected are Disney's corporate financial operations.
Shares of Walt Disney (DIS -0.54%) had a May to remember. The stock soared 24% last month, fueled initially by a blowout quarterly report and unexpected news about a new international theme park in the works.
These are tricky times for investors. Oh, the market's never exactly easy to navigate.
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Disney is poised for a breakout above long-term resistance, supported by strong Q2 results and robust growth across core business segments. Recent earnings showed 7% revenue growth, 15% operating income increase, and a significant rebound in EPS, reflecting operational improvements and cost corrections. Major expansion plans in parks, experiences, and gaming underscore Disney's growth strategy.
Consumer confidence rebounds in May. Zacks highlights DIS, NFLX, CHTR, ROKU and RBLX as top buy picks in the consumer discretionary space.