From Breakingviews - Bob Iger’s stalling may be stifling
, part of an effort to cut $5.5 billion in costs. That’s a solid effort to keep activist Nelson Peltz, who had griped about Disney’s margins, at bay for now. The tricky part is ensuring assets don’t lose even more value before Iger heads out the door.
In response to Peltz’s activist campaign earlier this year, the company said it would make big cuts. This move is part of an effort to eliminate 7,000 jobs, and it follows other titans including Netflix
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