Walt Disney Co (DIS.N) has laid off Marvel Entertainment Chairman Isaac "Ike" Perlmutter as part of a cost-cutting campaign, a source confirmed on Wednesday.
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Disney lays off Marvel Entertainment Chairman Ike Perlmutter
Walt Disney Co has laid off Marvel Entertainment Chairman Isaac "Ike" Perlmutter as part of a cost-cutting campaign, a source confirmed on Wednesday.
:Walt Disney Co has laid off Marvel Entertainment Chairman Isaac "Ike" Perlmutter as part of a cost-cutting campaign, a source confirmed Wednesday.Perlmutter had supported activist shareholder Nelson Peltz's unsuccessful bid to obtain a seat on Disney's corporate board.The executive was informed Wednes
Disney lays off Marvel Entertainment chairman Isaac Perlmutter
US entertainment conglomerate Walt Disney laid off Marvel mogul Isaac "Ike" Perlmutter in a move to control costs, reported Reuters quoting a source. This comes two days after the media giant started to slash 7,000 jobs, an action the firm announced earlier this year.
The move is seen as revenge taken by Disney after Marvel Entertainment Chairman Perlmutter backed Nelson Peltz in his failed bid for a seat on the company's corporate board, as pe