Disney asks employees to work from office four days a week - CNBC
Reuters
Published Jan 09, 2023 01:02PM ET
(Reuters) - Walt Disney (NYSE:DIS) Co's top boss Bob Iger told employees to return to corporate offices four days a week starting March 1, CNBC reported on Monday, citing an email.
The entertainment giant did not immediately respond to a Reuters request for comment.
The pandemic prompted companies across the world to turn to work-from-home or hybrid work models to prevent the spread of the virus.
However, with the rise of vaccinations and fall in severe cases that require hospitalization, Disney's move mirrors other companies like Snap (NYSE:SNAP), Tesla (NASDAQ:TSLA) and Uber (NYSE:UBER) in asking employees to return to office.
The move also comes after Iger returned as chief executive officer replacing Bob Chapek in November, a surprise comeback that coincided with Disney's attempt to boost investor confidence and profits at its streaming media unit.
Get The News You Want
Written By: Reuters
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.