Disney

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Disney mandates more workers return to office

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Disney mandates more workers return to office

Disney is requiring that some remote members of its product and tech teams return to the office four days a week, NCCapital reports, citing an unnamed source. The change brings those teams more closely into alignment with the company's overall in-person policy. Employees who don't agree to return can be fired. Disney has tightened its RTO mandates since Josh D'Amaro took over as CEO and instituted a "One Disney" vision. Some on LinkedIn see the step as necessary to boost collaboration, while others question the impact on quality of life.

3 min read A Admin

Disney is tightening its return-to-office requirements, with some remote employees across its product and technology teams now being asked to work from a company office four days a week, according to Business Insider, which cited a person familiar with the...

Josh Kushner, Bob Iger to buy Lakers for $12.5B in stunner

Article

Josh Kushner, Bob Iger to buy Lakers for $12.5B in stunner

The Los Angeles Lakers are being sold to venture capitalist Josh Kushner and former Disney CEO Bob Iger for a record $12.5 billion, according to multiple reports. The shocking sale comes less than a year after Mark Walter bought the NBA team from the Buss family for $10 billion. Kushner and Iger had previously been linked to Las Vegas expansion efforts. The two released a statement Wednesday announcing the deal — but not the terms — and lauding the Lakers as "one of the most iconic sports franchises in the world."

2 min read A Adam Hanafi

The Los Angeles Lakers are set to change ownership once again, with venture capitalist Josh Kushner and former Disney CEO Bob Iger agreeing to acquire the NBA franchise for a record $12.5 billion. The deal would establish the highest valuation ever recorded...