Leaders.com
  • Business
  • Leadership
  • Wealth
  • Master Classes
  • Business
    • Entrepreneurs
    • Executives
    • Marketing and Sales
    • Social Media
    • Innovation
    • Women in Business
  • Leadership
    • Personal Growth
    • Company Culture
    • Public Speaking
    • Productivity
    • Hiring
    • Social Issues
    • Leaders
  • Wealth
    • Investing
    • Cryptocurrency
    • Retirement
    • Venture Capital
    • Loans and Borrowing
    • Taxes
    • Markets
    • Real Estate
  • Master Classes
Company Culture Bob Iger

Disney CEO Bob Iger cracks down on remote work (Photo by Jerod Harris/Getty Images for Vox Media)

By Tyler Hummel Leaders Staff

Tyler Hummel

Tyler Hummel

Tyler Hummel is a news writer for Leaders Media. He was the Fall 2021 College Fix Fellow and Health Care...

Full bio


Learn about our editorial policy

Jan 10, 2023

Disney Curbs Remote Work

Disney CEO Bob Iger is going to crack down on remote work—in a bid to improve his company’s productivity and creative cohesion. 

Key Details

  • Remote work remains an issue for employers and employees. Many companies, corporations, and firms have attempted to enforce return-to-office mandates in the face of declining productivity, weakening company cultures, and keeping expensive real estate. 
  • Disney is the newest company to enforce return-to-office mandates. CEO Bob Iger sent an email Monday saying that employees must work from the office four days per week as of March 1, 2023, CNBC reports.  
  • “In a creative business like ours, nothing can replace the ability to connect, observe, and create with peers that comes from being physically together, nor the opportunity to grow professionally by learning from leaders and mentors,” says Iger. 
  • 75% of U.S. workers prefer remote work. 33% of workers say they will seek a new job if forced to return to the office. Studies have shown that remote work can lower productivity but also increase it, and it can be tied to improved morale.

Why It’s News 

Disney is in a weak place following its leadership upheaval in December and the appointment of Bob Iger as CEO once again. The company continues to hemorrhage money and is looking to make significant changes to increase profitability, cut costs, and increase efficiency, among them by reducing any productivity issues created by remote work—by enforcing one of the stricter office mandates of the past few months. The mandates are part of the company’s massive restructuring. 

“The CEO is looking to revitalize a company hurt by a slumping stock price—shares dropped 40% last year—and spiking expenses at Disney+,” says LinkedIn News. 

Backing Up A Bit 

The future of remote work is unclear. Employers like Twitter, Morgan Stanley, Apple, AT&T, BlackRock, Prudential Financial, and BMO Financial Group attempted to return remote employees to the office through mandates this past fall, to mixed success. Twitter fired administrative staff, but other companies have folded or pushed back mandates indefinitely into 2023. 

The mandates have primarily been met by negativity, with AT&T and Apple employees protesting them. It has only helped contribute to the “Great Resignation” as thousands of employees leave jobs for greener pastures. The demand for remote jobs is even outstripping availability, with 50% of applications chasing 15% of U.S. jobs. The average worker knows they have power, and they are willing to exert it for more flexibility.  

Home / News / Disney Curbs Remote Work
Share
FacebookTweetEmailLinkedIn

Related Stories

Seattle Takes The Crown For Advanced Tech Talent

by PJ Howland Leaders Staff
Tech

Oct 24, 2023

Seattle tech talent

Seattle has emerged as the metro area with the most advanced tech talent, beating out tech hubs like San Francisco and Silicon Valley.

Key Details

  • According to a new ranking by the Burning Glass Institute, Seattle has the highest proportion of advanced tech workers compared to other cities with similarly sized tech workforces.
  • The ranking evaluated 60 million high-paying, in-demand tech job postings and histories to identify cities with cutting-edge roles like AI and cybersecurity rather than legacy tech positions.
  • With tech giants Amazon and Microsoft headquartered in Seattle, the city edged out the San Francisco Bay Area, Boston, Austin, and Raleigh on the list.
  • The report found that demand for software developers and IT support specialists has declined over the past five years as companies seek more specialized tech talent.

Go deeper

FacebookTweetEmailLinkedIn

More Americans Can’t Keep Up With Car Payments

by Colin Baker Leaders Staff
Loans and Borrowing

Oct 23, 2023

car loans, used cars

A record number of Americans are behind on their car loan payments as higher interest rates and prices weigh on consumers.

Key Details

  • According to data from Fitch Ratings, 6.11% of car loans were at least 60 days delinquent in September, the highest since tracking began in the early 2000s.
  • Some interest rates on used cars can rise to as much as 21%, according to Bankrate.
  • Soaring prices and rising interest rates are squeezing consumers, making it difficult for some to keep up with their auto loans.

Go deeper

FacebookTweetEmailLinkedIn

Chevron Makes $53 Billion Deal Amid Surging Gas Prices

by PJ Howland Leaders Staff
Markets

Oct 23, 2023

Chevron Gas Deal

Chevron is acquiring Hess Corp. for $53 billion, the second significant oil producer acquisition this month as crude prices climb.

Key Details

  • Chevron is purchasing Hess in an all-cash deal worth $53 billion, including debt and preferred stock redemption.
  • This comes just weeks after ExxonMobil announced its $59.5 billion purchase of Pioneer Natural Resources.
  • With oil over $80 per barrel, major producers are using their windfall profits to acquire smaller players and boost payouts to shareholders.
  • Chevron expects the deal to close in H1 2023 pending regulatory approvals and Hess shareholder vote.
  • Hess CEO John Hess will join Chevron's board once the acquisition is complete.

Go deeper

FacebookTweetEmailLinkedIn
nike logo
Company Culture

Oct 20, 2023

Nike to Require More In-Office Days From Employees

by Colin Baker Leaders Staff
blue collar workers
Retirement

Oct 20, 2023

Explaining The ‘C+ Grade’ Retirement Ecosystem in The United States

by PJ Howland Leaders Staff
netflix building
Entertainment

Oct 19, 2023

Netflix Hiking Prices While Adding Millions of Subscribers

by Colin Baker Leaders Staff

Recent Articles

Hiring

Nov 1, 2023

Learn the Winning Answers to the Most Common Phone Interview Questions

Come to your next phone interview fully prepared

Personal Growth

Oct 30, 2023

85 Quotes on Self-Love to Boost Your Self-Esteem

Don’t fall into the trap of harsh self-criticism

Company Culture

Oct 27, 2023

What is a Sabbatical? Your Ticket to Restful Growth and Meaning

Sabbaticals can benefits both employees and businesses

  • Business
  • Leadership
  • Wealth
Join the Leaders Community

Get exclusive tools and resources you need to grow as a leader and scale a purpose-driven business.

Subscribing indicates your consent to our Terms & Conditions and Privacy Policy

Leaders.com
  • Privacy Policy
  • About
  • Careers
  • Cookie Policy
  • Terms
  • Disclosures
  • Editorial Policy
  • Member Login

© 2025 Leaders.com - All rights reserved.

Search Leaders.com