Disney earnings vibe check: Wall Street upbeat on momentous cost-cutting efforts

Yahoo Finance Video
1 年前

In After the Call, Yahoo Finance’s Seana Smith and Brad Smith discuss top takeaways from Disney’s earnings call as CEO Bob Iger announced the company would lay off 7,000 workers, initiate $5.5 billion in cost savings, and restructure the business. Disney stock jumped after hours on news of the cost-cutting efforts, narrowing streaming losses, and strong park demand.