BBCNEWS World Business Report July 6, 2024
so we start in the us, where, as you've been hearing, the world's biggest entertainment company, walt disney, is axing 7000 jobs as part of a cost—cutting drive. it comes as the company revealed the first fall in subscribers to its streaming service, disney+, since it was launched more than three years ago. veteran ceo bob iger has returned to run the company again after its shares lost almost half their value last year, as michelle fleury reports from new york. this is ceo bob iger�*s first set of results since returning to the company in november, attempting to revive the stori...