Layoffs begin at Disney as CEO Bob Iger moves to pare losses
Some 7,000 employees will lose their jobs, with the first round of cuts starting this week as Disney moves to slash costs.
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Some 7,000 employees will lose their jobs, with the first round of cuts starting this week as Disney moves to slash costs.
Labor pact will hike the pay of thousands of costumed performers, theatrical workers and other employees at the theme park.
Brandy became the first Black actress to play Cinderella in a movie, and 26 years later, she is reprising the iconic role alongside her prince.
Florida Governor Ron DeSantis signed a bill giving him more control over Walt Disney World's self-governing district. The bill is seen as a punishment for the company's opposition to Florida's so-called "Don't Say Gay" law.
Reps. Mike Gallagher and Raja Krishnamoorthi tell "Face the Nation" that the new House select committee focused on China plans to "have a conversation" with NBA, Disney and other companies that have "substantial business interest in China."
The Valentine's Day post on Instagram gave Renner's followers an inside look at the set of "Rennervations."
Hollis worked alongside his wife at The Hollis Company, which focused on producing media content, books and self-improvement seminars.
Disney could soon be losing control over a piece of its Magic Kingdom. CBS News correspondent Manuel Bojorquez has the latest from Miami.
Yahoo has announced plans to cut more than 20 percent of its workforce. The announcement comes one day after Disney announced job cuts. Financial journalist Kristin Myers joined CBS to discuss what the layoffs could mean for investors.
Disney is joining the growing list of major companies making layoffs. The company's newly reinstated CEO Bob Iger announced roughly 7,000 job cuts, accounting for roughly 3% of the company's employees. Yahoo Finance's senior reporter Alexandra Canal joins CBS News with more.
The first Toy Story movie came nearly 30 years ago. Now, a fifth is being made.
Disney is making major cutbacks as part of company-wide efforts to reduce costs by $5.5 billion. Dade Hayes, business editor at Deadline, explains which departments are likely to see the most layoffs and why streaming is costing the company so much.
The job cuts, about 3% of Disney's global workforce, come months after Iger returned to revitalize the media business.
"I have many bottles that my friends and I got on the last day of splash mountain," wrote the seller of a baggie full of water. Here's how much it's going for.
Theme parks are making a comeback, but along with that popularity comes higher prices. CBS News senior travel adviser Peter Greenberg joins "CBS News Mornings" to offer advice on how to make your theme park vacation more affordable.
Walt Disney World and Universal Studios Orlando are hoping to woo visitors showing renewed interest in a theme park vacation.
Lawmakers say they will put forward legislation to increase state control of Walt Disney World's private government.
Disney said Bob Chapek, who succeeded Iger in 2020, had stepped down.
The "Thor" actor set out on a mission to learn how to "live better for longer." What he found was he has the "strongest risk factor gene" for Alzheimer's.
A one-day ticket to the the Magic Kingdom, the world's most popular theme park, will now cost as much as $189.
The media company added 12.1 million Disney+ customers in the most recent quarter, bumping total subscriber base above Netflix.
Halle Bailey sent tears of joy through Black and Brown children when she debuted as "The Little Mermaid." Months later, she's still seen as an "inspiration."
"I'm going to be very open with everybody about this: I've been to four treatment centers," the 30-year-old singer, actress and entrepreneur told Rolling Stone.
China's draconian "zero-COVID" policy has kept infection rates relatively low, but at a high cost as businesses struggle with repeated shutdowns.
Disney debuted its first plus-size female protagonist in a short film on Disney+ that has garnered praise for encouraging body positivity.
As the U.S.-Iran war nears the one-month mark, the fragile global oil market has emerged as a key weapon in Iran's arsenal.
The House passed a measure to fund DHS for 60 days — but it's still unclear how the shutdown will end as the Senate is on recess.
The Trump administration is awaiting Iran's formal response to its 15-point peace proposal, as Tehran continues blocking the Strait of Hormuz.
The incident occurred in the middle of the night, while the office was closed. No employees were injured, according to the bank.
The Colombian navy said it also seized thousands of gallons of smuggled fuel, preventing "the strengthening of illicit economies."
At this year's CPAC, many attendees toed a fine line between backing the war in Iran and worrying about how the conflict could expand.
The truck, transporting 413,793 KitKat bars, was stolen during transit in Europe, Nestle said.
In 2021, Woods was seriously injured in a rollover crash in Rolling Hills Estates, a Los Angeles suburb.
The Department of Homeland Security said TSA agents should begin receiving pay as early as Monday, March 30.
The school district said 25 students and five adults were on the bus headed out for a school field trip.
Organizers say more than 3,100 events have been registered in the U.S., with more than 9 million people expected to participate.
Bank of America has reached a $72.5 million settlement in a lawsuit that alleges the financial giant helped facilitate the sex trafficking operation of convicted sex offender Jeffrey Epstein.
The U.S. has used close to 1,000 Tomahawk missiles since June 2025 and has been procuring them at a rate of about 90 per year.
The Artemis II countdown will begin March 30, setting up a launch attempt on April 1 at 6:24 p.m. Eastern Time.
Bank of America has reached a $72.5 million settlement in a lawsuit that alleges the financial giant helped facilitate the sex trafficking operation of convicted sex offender Jeffrey Epstein.
More than 7 million student loan borrowers who've been enrolled in a Biden-era repayment plan will receive notices with instructions to seek a new plan to repay their debt.
The Department of Homeland Security said TSA agents should begin receiving pay as early as Monday, March 30.
About 1 in 4 Americans are using AI chatbots to prepare their tax returns, but experts warn the tools can produce outdated or inaccurate guidance.
As the war with Iran continues, CBS News is tracking gas and oil prices. Find out how much more it costs to fill up your tank or heat your house.
At this year's CPAC, many attendees toed a fine line between backing the war in Iran and worrying about how the conflict could expand.
As the U.S.-Iran war nears the one-month mark, the fragile global oil market has emerged as a key weapon in Iran's arsenal — and some shipping and insurance experts don't expect the situation to return to normal until the conflict winds down.
More than 7 million student loan borrowers who've been enrolled in a Biden-era repayment plan will receive notices with instructions to seek a new plan to repay their debt.
The U.S. has used close to 1,000 Tomahawk missiles since June 2025 and has been procuring them at a rate of about 90 per year.
Ten U.S. service members were injured in an attack on Prince Sultan Air Base in Saudi Arabia, according to multiple U.S. officials.
David Lyon is one of the rising number of young adults to be diagnosed with colorectal cancer.
Here's what to know about peptides, what they can and can't do, and what's driving viral claims about possible health benefits online.
Dr. Jay Bhattacharya, head of the National Institutes of Health and interim leader of the Centers for Disease Control and Prevention, told staff a permanent CDC director could be nominated soon. "I know that it has been such a difficult year," he said.
Federal health officials posted a warning about misleading statements by biotech billionaire Dr. Patrick Soon-Shiong about his company's bladder cancer drug Anktiva.
Doctors fear that skepticism, fueled by anti-science sentiment and mistrust, is extending beyond vaccines to other proven, routine care.
The incident occurred in the middle of the night, while the office was closed. No employees were injured, according to the bank.
The Colombian navy said it also seized thousands of gallons of smuggled fuel, preventing "the strengthening of illicit economies."
Leo became the first pope to visit the glitzy enclave since Pope Paul III went to Monaco in 1538.
The truck, transporting 413,793 KitKat bars, was stolen during transit in Europe, Nestle said.
The U.S. has used close to 1,000 Tomahawk missiles since June 2025 and has been procuring them at a rate of about 90 per year.
Bob Crawford, the bassist for The Avett Brothers, shares with "CBS Saturday Morning" why he believes John Quincy Adams is an underrated American hero amid the release of his new book "America's Founding Son: John Quincy Adams, from President to Political Maverick."
Grammy-nominated Australian singer-songwriter Courtney Barnett's latest studio album "Creatures of Habit" takes inspiration from recent life changes, including her move to Los Angeles. Here is Courtney Barnett with "One Thing At A Time."
Grammy-nominated Australian singer-songwriter Courtney Barnett's latest studio album "Creatures of Habit" takes inspiration from recent life changes, including her move to Los Angeles. Here is Courtney Barnett with "Stay In Your Lane."
Rockstar Billy Idol spoke to Anthony Mason about how he broke into music, why he says he's lucky to be alive and what it's like to be a grandparent.
The finale of the FX series "Love Story" aired Thursday and has captivated audiences as it follows the romance between John F. Kennedy. Jr. and Carolyn Bessette Kennedy. The limited series focuses on well-documented moments in the couple's lives, but fills in the rest with fiction. It has also received some backlash. Adriana Diaz reports.
A judge has temporarily blocked the Pentagon's attempt to designate Anthropic as a supply chain risk. CBS News legal contributor Jessica Levinson joins with analysis.
A mother and daughter in Kentucky have turned down a $26 million offer for their land. The offer came from an unnamed tech company wanting to build a data center. CBS News' Jared Ochacher spoke with the family.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
As AI use rises, many see it decreasing the number of jobs available.
New research from the Society of Human Resource Management shows which regions and jobs are most at risk from artificial intelligence. Johnny Taylor, president and CEO of SHRM, joins CBS News to discuss the findings.
Arctic sea ice levels are crucial to Earth's climate because, without the ice reflecting sunlight, more heat energy goes into the oceans.
Marine biologists found detectable levels of caffeine, cocaine and the over-the-counter painkillers in the blood of 28 sharks.
Here's what to know about peptides, what they can and can't do, and what's driving viral claims about possible health benefits online.
The staff at a Florida sea turtle hospital is monitoring some animals they've rehabilitated from space -- especially amputees, such as one they named Amelie, who's back at sea.
The seed reveals that people in France have been cultivating the popular variety of grape since at least the 1400s, scientists say.
The incident occurred in the middle of the night, while the office was closed. No employees were injured, according to the bank.
Tiger Woods was released from the Martin County jail in Florida following his DUI arrest after a rollover crash on Friday.
The Colombian navy said it also seized thousands of gallons of smuggled fuel, preventing "the strengthening of illicit economies."
The truck, transporting 413,793 KitKat bars, was stolen during transit in Europe, Nestle said.
Tiger Woods was charged with driving under the influence after a car crash in Jupiter, Florida, on Friday, authorities announced during a news conference. CBS News' Anna Schecter joins with more.
NASA's Artemis II crew arrived in Florida on Friday, signaling final preparations are underway for the first crewed Moon mission since the Apollo 17 mission in 1972.
Four NASA astronauts are gearing up for a historic mission to return humans to deep space for the first time in over 50 years. The crew touched down at the Kennedy Space Center in Florida on Friday for final preparations ahead of next week's planned Artemis II launch. CBS News space consultant Bill Harwood has more.
It's the dawn of a new lunar era for NASA, with the four-person Artemis II crew arriving Friday afternoon at Florida's Kennedy Space Center after spending two weeks quarantining in Houston. CBS News space contributor Christian Davenport joins "The Takeout" to preview the mission.
The Artemis II countdown will begin March 30, setting up a launch attempt on April 1 at 6:24 p.m. Eastern Time.
The countdown is on for NASA's return to the moon. CBS News senior national correspondent Mark Strassmann reports on the upcoming Artemis II launch from the Kennedy Space Center in Cape Canaveral, Florida.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Bob Crawford, the bassist for The Avett Brothers, shares with "CBS Saturday Morning" why he believes John Quincy Adams is an underrated American hero amid the release of his new book "America's Founding Son: John Quincy Adams, from President to Political Maverick."
NASA's Artemis II crew arrived in Florida on Friday, signaling final preparations are underway for the first crewed Moon mission since the Apollo 17 mission in 1972.
Grammy-nominated Australian singer-songwriter Courtney Barnett's latest studio album "Creatures of Habit" takes inspiration from recent life changes, including her move to Los Angeles. Here is Courtney Barnett with "One Thing At A Time."
Grammy-nominated Australian singer-songwriter Courtney Barnett's latest studio album "Creatures of Habit" takes inspiration from recent life changes, including her move to Los Angeles. Here is Courtney Barnett with "Stay In Your Lane."
Tiger Woods was released from the Martin County jail in Florida following his DUI arrest after a rollover crash on Friday.