Disney Turmoil Can't Hold Back Theme Parks
Skift Take
Today’s edition of Skift’s daily podcast looks at Disney's strong parks earnings, Michelin Guide tourism, and JetSmart's takeover ambition.
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Episode NotesWalt Disney CEO Bob Iger is optimistic about the future of Disney theme parks, even as he announced his company was cutting 7,000 jobs from its workforce, reorganizing and slashing $5.5 billion in costs during Wednesday’s first quarter earnings call.
Global Tourism Reporter Dawit Habtemariam writes that Disney executives are reorganizing to bring a more “cost-effective coordinated and streamlined approach to our operations,” Iger said. Within the $5
