Disney (DIS 0.04%) CEO Bob Iger announced a savings plan that would reduce content budgets, jobs, and marketing. The move was initially cheered by Wall Street. This video walks through an investor meeting where Iger explains the thought process behind the changes he's making at Disney.
Incoming Disney CEO Makes a Splash, Announces Billions in Cost Cuts
By Parkev Tatevosian, CFA – Feb 16, 2023 at 6:00AM
NYSE: DIS
Walt Disney
Market Cap
$203B
Today's Change
(-0.04%) $0.05
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$113.03
Price as of October 23, 2025 at 4:00 PM ET
The House of Mouse brought back former CEO Bob Iger to take the job again.
About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.