Disney lays off chairman of Marvel Entertainment
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Business Daily - Disney lays off Marvel Entertainment's chairman amid cost-cutting drive
Disney has laid off Isaac ("Ike") Perlmutter, the head of Marvel Entertainment, as part of its cost-cutting plans. The company began cutting 7,000 jobs this week in an effort to reduce $5.5 billion in costs. Also, Portugal scraps VAT on basic food products in a bid to fight inflation. Plus, the man who invented mobile phones half a century ago tells people to take their eyes off their smartphones.
·France
Read Full ArticleDisney lays off Marvel Entertainment Chairman Ike Perlmutter
By Dawn Chmielewski and Lisa Richwine (Reuters) -Walt Disney Co has laid off Marvel Entertainment Chairman Isaac "Ike" Perlmutter as part of a cost-cutting campaign, a source confirmed on Wednesday. Perlmutter, 80, had supported activist
·San Diego, United States
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Total News Sources48
Leaning Left12Leaning Right12Center16Last UpdatedBias Distribution40% Center
Bias Distribution
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R 30%
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