Report: Disney slashing jobs, film output
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Walt Disney Co. will substantially reduce its work force and slash its annual output of films from 18 to eight &amp;#151; cutbacks greater than Hollywood had anticipated, it was reported Wednesday.
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Disney president says studio is pushing forward with sequels to popular animated films, Pixar or no. New York (CNN/Money) - The Walt Disney Company is pushing forward with plans to capitalize on the blowout
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Walt Disney President and CEO Robert Iger reported Tuesday that his company has sold 125,000 digital movies since they debuted on the iTunes Store last week, already generating $1 million in revenue. Iger told attendees of an investment conference in New York on Tuesday that Disney anticipates seeing about $50 million in revenue from the venture during its first year.
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Slashed earnings estimate pulls down shares.
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The job of chief executive of The Walt Disney Company increasingly looks like Robert Iger's to lose.
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Executives at Walt Disney Co.  DIS.N will have some of their stock benefits subject to  performance-based requirements as part of changes to its  long-term compensation plan, the entertainment company  announced on Thursday.
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LOS ANGELES -- Walt Disney Chief Executive Michael Eisner Friday said he will step down from the media conglomerate in 2006, aiming to end his two-decade reign on his own terms after a shareholder revolt nearly cut it short earlier this year.
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Walt Disney Co.'s chief executive Michael Eisner will leave the giant entertainment company in 2006 when his contract expires, a newspaper reported Friday.
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Walt Disney Chief Executive Michael Eisner will step down from the media conglomerate in September 2006, ending a two-decade reign after a shareholder revolt nearly cut it short earlier this year.
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Toys &#39;R&#39; Us played the Grinch by firing an estimated hundreds of employees over the holiday in a desperate cost-cutting move at the embattled toy store, a newspaper report said Monday.
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The Walt Disney Co. has sold 125,000 digital copies of films through Apple Computer Inc.'s iTunes store in less than a week, generating $1 million, Disney chief executive Robert Iger said Tuesday.
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Entertainment industry trade paper  the Hollywood Reporter has laid off 10 employees, including  three senior editors, in a restructuring, its publisher said on  Thursday.
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A company representative confirmed that Palm is getting ready to cut jobs, after a report earlier Wednesday that perhaps "hundreds" could be out of work.
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Marsh &amp; McLennan Companies Inc. announced disappointing earnings for the third quarter and said it will lay off 3,000 employees, or about 5 percent of its work force, because of fallout from a bid-rigging
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Yahoo is likely to cut hundreds of jobs later this month, report says.
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This week CEO Michael Eisner tells a court how Disney paid a severance of $140 million after only 14 months at work.
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On Friday, the former Disney directors who led a shareholder rebellion aimed at the ouster of Disney's chief executive and other directors this year said they had dropped plans to run a slate of directors at next year's shareholders meeting.