In Disney Shakeup, Cost-Cutters Get Clout in Post-Staggs EraBy
Executives like Chapek, Pitaro, Sherwood promoted recently
Emphasis on restructuring, unearthing new revenue sources
The derailing of Thomas Staggs’s drive to the top job at Walt Disney Co. sheds light on what some say is a culture shift at the entertainment giant, where cost-cutting is in vogue and value is placed on shaking up the business model.
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