Disney CEO Bob Iger to Address Staff in Upcoming Town Hall Amid Company Changes

The entertainment giant is navigating cost-cutting measures and strategic shifts, while dealing with increased interest from activist investors.

Disney CEO Bob Iger is set to address the company's staff in a company-wide town hall on Nov. 28, discussing the company's recent achievements and future building opportunities.
Disney has embarked on a plan to cut $5.5 billion in costs, including 7,000 layoffs, and is evaluating strategic options for its Star India business, including a possible sale or joint venture.
Disney is also on the hunt for strategic partners who can help turn ESPN into a fully direct-to-consumer offering, targeting a launch in 2025.
Activist investor and Trian Fund Management founder Nelson Peltz has launched a renewed push for a board seat at Disney, backed by former Marvel Entertainment chairman Ike Perlmutter.
In addition to Trian, activist investor ValueAct Capital is reportedly building a 'significant stake' in Disney.