2023年6月の記事一覧
Disney's Bob Iger will lay off 7,000 workers
Disney's Bob Iger is planning to lay off 7,000 employees in a 'significant transformation' to cut back costs as he eliminates some of his predecessor's efforts.
On Wednesday, Iger announced his plans to restructure the company, effectively eliminating the Disney Media and Entertainment Distribution group set up under former CEO Bob Chapek.
The new structure, according to the , will have only three divisions, Disney Entertainment — which will include film and TV assets as well as Disney+; ESPN — which will include ESPN and ESPN+; and Parks, Experiences and Products — which will include theme parks and the consumer products team.
As part of that changeup, Disney will cut 7,000 jobs — representing a little over three percent of its global workforce.The cuts are likely to predominantly affect the entertainment and ESPN divisions, despite the company beating analyst's expectations for the fourth quarter of 2022.
The changeup comes as Gov.Ron DeSantis and the company faces a proxy battle with an activist investor seeking to gain a seat on the board.
Disney CEO Bob Iger is planning to lay off some 7,000 employees as he restructures the company
In announcing the new structure Wednesday, Iger likened it to changes he made at the media giant in 2005, when he first became CEO, and in 2016, when Disney announced a shift to streaming as it bolstered its assets with the acquisition of 21st Century Fox.
'Our new structure is aimed at returning greater authority to our creative leaders and EVden EVe nAKLiyAT making them accountable for how their content performs financially,' he said on an earnings call.
'Our former structure severed that link and must be restored,' he continued, noting: EvDeN EvE naKliYAT 'Moving forward, our creative teams will determine what content we're making, how it's distributed and monetized and how it gets marketed. For those who have any questions regarding exactly where in addition to how to utilize EVdEn eVe NAkLiyAt, you can e mail us at our web page. '
Under the plans, Alex Bergman and Dana Walden will co-chair the Disney Entertainment division, with Jimmy Pitaro continuing to lead ESPN and Josh D'Amaro continuing to lead parks and evDEn eve NAKliYat experiences.
And, in addition to the planned layoffs, Disney CFO Christine McCarthy also said the company is targeting $5.5billion in cost savings, including $3billion related to future content savings with the remaining $2.5billion coming from existing marketing, staffing and technology costs.
But the move comes as Disney beat earnings expectations.
The company announced on Wednesday that it earned $1.28billion, or 70 cents per share, in the three months through December 31, up from a net income of $1.1billion, or 60 cents per share a year earlier.
Excluding one-time items, Disney earned 99 cents per share.Analysts, on average, were expecting adjusted earnings of 78 cents per share, according to FactSet.
In total, revenue grew eight percent to $23.51 billion from $21.82 billion a year earlier. Analysts were expecting revenue of just $23.44 billion.
The company also said Disney+ ended the quarter with 161.8million subscribers, down one percent since October 1, while Hulu and ESPN+ each posted a two percent increase in paid subscribers.
Following the news, shares of Disney rose three percent in after-hours trading.
Much of the layoffs are expected to be in the entertainment division, which includes Disney+, as well as ESPN, which includes ESPN+
Disney ended the fourth quarter of 2022 with $1.28billion, or 70 cents per share
Disney shares ticked upwards following the earnings call on Wednesday
But Disney has been under fire recently by billionaire investor Nelson Peltz, who has claimed Iger is not fit to lead the company, citing falling revenues.
Last week, Peltz — the founder of Trian Management — sent a letter to Disney shareholders on Thursday asking them to vote for him rather than longtime board member Michael BG Froman.
It was just the latest move Peltz made in his ongoing war with Disney, after previously filing paperwork with the United States Securities and Exchange Commission for a seat at the Mickey Mouse table and EVDEn EvE NAkLiYaT launching a campaign across social media.
In his
Adidas lowered its earnings forecast for the year by $250million to account for losses from ending its partnership with the rapper formerly known as Kanye West over his anti-Semitic remarks – but will still sell his sneakers without Yeezy branding
Adidas lowered its earnings forecast for the year by $250million to account for losses from over his anti-Semitic remarks - but will still sell his sneakers without Yeezy branding.
Adidas owns the design rights for both existing and future colors and versions of the Yeezy line, but not the Yeezy name.The company said it will continue to sell the sneaker and apparel line, but stripped of the name and branding, reported.
'Going forward, we will leverage the existing inventory with the exact plans being developed as we speak,' Adidas finance chief Harm Ohlmeyer said Wednesday.
The German shoe and EVDeN EVE nAKLiYAT sportswear maker cut its sales and profit outlook part of its third-quarter earnings statement, even as the company's chief financial officer said the profitability of the Yeezy shoe collaboration with Ye had been 'overstated. If you loved this posting and you would like to obtain far more data with regards to evDeN EVe NakliYaT kindly visit the web-site. '
The company slashed its expectations in half for net profit from continuing operations to $252 million this year from about $500 million. That matched its earlier statement that ending the partnership with Ye would cost it $252 million in profits.
The Yeezy brand accounted for EVdEN Eve nAKLiYaT up to 15 percent of Adidas' net income, Morningstar analyst David Swartz said in a note on October 26.
Adidas split from Ye on October 25 just days after the rapper claimed on a podcast that , despite saying 'anti-Semitic things'.
Adidas on Wednesday lowered its earnings forecast for the year to account for losses from ending its partnership with Kanye West over his anti-Semitic remarks
German sporting goods behemoth Adidas ended its partnership with Kanye West in October amid controversial behavior from the American rapper and designer
Adidas has lowered its revenue forecast for the year to a low single-digit increase from a mid-single-digit increase.
The split with Ye, with production of all Yeezy products halted and royalty payments ended, will leave Adidas searching for another star to help it compete with ever-larger rival Nike.
The company would largely offset the impact of the breakup next year by no longer having to pay royalties and marketing fees for the brand, EvDen eVe nAkliyAT CFO Harm Ohlmeyer said.
Adidas also is facing internal upheaval, with its Friday.
He was previously expected to hand over next year, but the company announced the quicker change on Tuesday as it named Puma CEO Bjørn Gulden as his replacement.
Adidas faced pressure to split with Ye as other brands did earlier over the rapper´s anti-Semitic comments in interviews and social media, including a Twitter post earlier this month that he would soon go 'death con 3 on JEWISH PEOPLE,' an apparent reference to the U.S.defense readiness condition scale known as DEFCON.
He was suspended from both Twitter and Instagram.
Ohlmeyer also said that the profitability of the Yeezy business had been overstated because its costs only included expenses directly related to the products and not central overhead costs borne by the company.
'In other words, it does not include any further central cost allocation for sourcing, digital, retail, or any other services that this part of our business has been benefitting from and that were essential for its success,' Ohlmeyer said.
'At the same time, we will save around 300 million euros related to royalties and marketing fees; in combination, this will help us to compensate the majority of the top and bottom line impact in 2023,' he said.
Shares of the company slid in October after breaking off its relationship with Kanye
The Yeezy brand accounted for up to 15 percent of Adidas' net income, Morningstar analyst David Swartz said in a note on October 26
A statement posted in the media section of the Adidas website called Kanye West's comments 'unacceptable, hateful and dangerous'
The split with Ye, eVdEN evE NakLiYAT with production of all Yeezy products halted and royalty payments ended, will leave Adidas searching for another star to help it compete with ever-larger rival Nike
Two weeks ago, Nicola Bulley dropped her children off at school, took the family dog for a walk and disappeared
Two weeks ago, Nicola Bulley dropped her children off at school, took the family dog for a walk and disappeared.
In the following days, the neighbourhood has been besieged by amateur detectives, podcasters, influencers and dozens of complete idiots - all keen to ‘help' an overworked police force do their job.Many of these time-wasters have got pet theories about what could have happened to Nicola. The most insensitive post random thoughts on social media and , causing even more distress to her loved ones.
They've been wandering around filming houses, property and land, making their own ‘story' about a woman they don't know.A woman who deserves better.
Meanwhile, 40 police officers are worked off their feet investigating 500 leads. A diving team has combed the river and found nothing. Boats are searching Morecambe Bay.
As interest in the case grows with every day that Nicola isn't found, it's fanned by rumours and lies on the internet.
The scene by the river has become a pilgrimage sight for gawkers. Officers had to issue dispersion orders to prevent enthusiastic members of the publics taking selfies on the bench where Nicola's mobile phone was found. There have been false accusations about a deserted local farmhouse.
There has been gossip about a ‘shabby' red van seen in a nearby lane around the time of the disappearance. A group of men from Liverpool made a trip to the area to ‘help' and had to be sent back home.
Nicola Bulley 45, (pictured with partner Paul Ansellvanished while walking her dog in Lancashire on January 27
On Friday morning, EVdEN eVE NakliYAT villagers and friends stood by the road, holding placards, begging for evdEN EVE naKliYaT more dashcam footage to turn up. Anything at all that might turn into a clue.
In the middle of all this, Nicola's family are desperately seeking answers, trying to protect her small children.
The circus by the side of the River Wyre and on the streets of Inskip is a disgrace.A crime scene has become something to post about to your pals.
The British seem to have turned into a nation of amateur detectives, eVDen eve nAKLiYaT and it's not a pretty sight. If you have any concerns concerning where and evDeN eVe nAKliyAt just how to use EvdEn evE NAKLiyaT, you can contact us at our own web-site. Millions of us think we could do a better job at solving any crime than the police and it's because we spend hours every night watching bumbling coppers and lazy detectives take six hour-long episodes to solve the mystery of another dead body at the local bus stop.
Crime shows and factual series which revisit unsolved cases have become the biggest source of entertainment on all media.Streaming, online, podcasts, mainstream channels. Nothing pulls viewers in like crime.
There's a steady diet of police procedurals on telly night after night, combined with the popularity of shows like Silent Witness dramatising the forensic science behind any unexplained death.Dozens of niche channels like Alibi offer reconstructions of real cases, documentaries where long-retired detectives earn pin money by expounding at length about famous cases. You can't escape crime, schedulers have realised it's utterly addictive.
JANET STREET-PORTER: There's a steady diet of police procedurals on telly night after night, combined with the popularity of shows like Silent Witness dramatising the forensic science behind any unexplained death
India's Tata Chemicals nearly triples Q2 profit
BENGALURU, Oct 27 (Reuters) - Tata Chemicals Ltd on Thursday reported a second-quarter profit that nearly tripled, EVdEN evE nakliYat helped by a strong performance in its basic chemistry products segment.
The chemical manufacturer's consolidated net profit for eVdEn EvE naKLiYAT the three months ended Sept.If you adored this article and you would like to acquire more info regarding evDEN EVe NAKliYAt please visit our web site. 30 came in at 6.28 billion Indian rupees ($76.17 million), compared with 2.21 billion rupees a year ago.
The chemical industry in India has shown robust growth and evdeN EVe nAKliYaT was among the few industries that pulled through the COVID-19 pandemic, as many industries pursued the China-plus-one strategy.
The demand for soda ash and bicarb, used to make soaps and detergents and as a raising agent in baked goods, has been witnessing strong growth for the company.
The consolidated revenue from operations rose 40.3% to 42.39 billion rupees, elevated by 32.42 billion rupees of basic chemistry products revenue.
Agri-input business Rallis India Ltd, a TTCH subsidiary, also reported a 25.9% rise in its September quarter net profit to 710.5 million rupees last week.($1 = 82.4520 Indian rupees) (Reporting by Meenakshi Maidas in Bengaluru; Editing by Janane Venkatraman)
John Candy documentary has been made by Colin Hanks and Ryan Reynolds
A documentary giving a never-before-seen insight into the life, career and tragic death of John Candy has been made by Colin Hanks and .
Iconic actor Candy - who was famed for starring in films , Cool Runnings and Planes, eVdEn evE NAkliyAt Trains and Automobiles - died of a Stuck in an airport lounge in after an emergency landing, Page has to befriend Griffith who will let him stay the night in a rundown motel.
Together the two of them, from wildly different social classes, have to overcome their intense dislike of each other and get Page home. When you adored this article and also you would want to get more details with regards to EvDEN eVe NAkLiyat i implore you to visit the page.
At the time the film received critical acclaim, with John Candy being nominated for Funniest Actor EvdEn eVe nAKliyaT in a Motion Picture that year.
Legendary: Candy appeared in a number of comedies throughout his career, eVDEn eve NAkliYAT including Cool Runnings (pictured)
Behind the stardom: The documentary will also feature never-before-seen home videos, eVdeN eVE NAKliYaT archives and family interviews(pictured 1993)
