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NEWS: CEO Bob Iger Plans to Continue With Disney Hiring Freeze


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There has been a lot going on for Disney in the past week.

2022-Bob-Iger-Photo-Reuters-700x465.png

©Reuters || Bob Iger is back in charge at Disney.

On November 20th, Disney announced that Bob Iger was returning as CEO and Bob Chapek was stepping down from the role. Since then, we’ve looked at why this switch in CEOs was made, what changes that could come from Iger returning, and what Iger’s first steps should be. Now, Iger is holding a Town Hall meeting for Cast Members and we just got an update on the hiring freeze initially introduced by Bob Chapek.

Earlier in November, Bob Chapek released details about a hiring freeze. In a memo sent out to division leaders, Chapek announced that Disney would “institute a targeted hiring freeze.” This came after disappointing results in the Q4 earnings call.

2022-ceo-bob-chapek-the-walt-disney-comp

©Disney

“We are limiting headcount additions through a targeted hiring freeze. Hiring for the small subset of the most critical, business-driving positions will continue, but all other roles are on hold,” Chapek said. Job cuts are also part of the change — Chapek said, “We do anticipate some staff reductions as part of this review.”

walt-disney-company-headquarters-burbank

©Disney | Walt Disney Company Headquarters

Now, according to CNBC, there is no plan to stop the previously announced hiring freeze. This comment came after Iger jumped into taking questions, including from the in-person audience and any submitted before the meeting.

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Walt Disney Company Headquarters ©LA Times

If you want to read more about the recent changes in the company, check out our posts below:

Stay tuned to DFB for more Disney news.

Bob Iger Is Back As Disney’s CEO — What Happens Now?

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What changes do you want to see now that Bob Iger has returned as Disney CEO? Let us know in the comments.

The post NEWS: CEO Bob Iger Plans to Continue With Disney Hiring Freeze first appeared on the disney food blog.

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