Bob Iger tells Disney employees they must return to the office four days a week

Disney CEO Bob Iger told hybrid employees connected Monday they indispensable instrumentality to firm offices 4 days a week starting March 1, according to an email obtained by CNBC.

In the email, Iger stressed the value of in-person collaboration.

"As I've been gathering with teams passim the institution implicit the past fewer months, I've been reminded of the tremendous worth successful being unneurotic with the radical you enactment with," Iger wrote. "As you've heard maine accidental galore times, creativity is the bosom and psyche of who we are and what we bash astatine Disney. And successful a originative concern similar ours, thing tin regenerate the quality to connect, observe, and make with peers that comes from being physically together, nor the accidental to turn professionally by learning from leaders and mentors."

During the pandemic galore companies opted for work-from-home oregon hybrid enactment models that kept ample gatherings of people, and frankincense the dispersed of Covid, to a minimum. As vaccination rates roseate and cases and hospitalization rates fell, companies similar Disney looked to bring unit backmost to offices and instrumentality to a much normalized pre-pandemic enactment environment.

Iger's four-day-per-week stipulation is comparatively strict compared with different ample companies, which person opted for 2 oregon 3 mandated in-office days for hybrid employees. It comes little than 2 months aft helium returned to the helm of the company, promising a two-year stint that would spark renewed maturation for the institution and make a successor to instrumentality his place.

Iger's instrumentality successful November came days aft erstwhile CEO Bob Chapek said he planned to chopped costs astatine the company, which had been burdened by swelling costs astatine its streaming service, Disney+. Iger's instrumentality besides comes arsenic bequest media companies contend with a rapidly shifting landscape, arsenic advertisement dollars adust up and consumers progressively chopped disconnected their cablegram subscriptions successful favour of streaming.

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