Starting on March 1, the Walt Disney Company would require employees to report back to the office 4 days every week, a comparatively strict policy amongst large firms.
Robert A. Iger, who got here out of retirement in November to retake Disney’s chief executive reins, said in a memo to employees on Monday that a return to mostly in-person work — for the primary time in nearly three years — would profit the corporate’s culture normally and movie and TV creative processes specifically. Since his return, Mr. Iger has been attempting to boost morale and galvanize Disney’s creative engines.
“As you’ve heard me say over and over, creativity is the guts and soul of who we’re and what we do at Disney,” Mr. Iger said within the memo, which was viewed by The Latest York Times. “And in a creative business like ours, nothing can replace the flexibility to attach, observe and create with peers that comes from being physically together.”
The memo said that employees would likely be asked to work from Disney offices Monday through Thursday. “Stay tuned for extra details,” Mr. Iger said.
The shift didn’t come as a whole surprise to Disney employees; Mr. Iger signaled that a change was coming during a Nov. 28 meeting with them. CNBC earlier reported on his memo on Monday.
Disney has required most employees to report back to the office three days every week for roughly the last 12 months, consistent with most major media firms. NBCUniversal has a three-days-a-week policy (Tuesday, Wednesday and Thursday), while Warner Bros. Discovery requires three days between Monday and Thursday.
Mr. Iger’s return-to-work edict was accompanied by praise for a wide selection of Disney divisions, including Broadway productions and Imagineering, the corporate’s theme park design unit. Bob Chapek, who was chief executive from 2020 until he was fired in November, sometimes left certain groups in the corporate feeling ignored or underappreciated.
“I can be remiss not to say how the ESPN team expertly handled Damar Hamlin’s tragic injury, showing grace under pressure, and presenting the facts to viewers with utter respect and sensitivity,” Mr. Iger said within the memo, referring to the Buffalo Bills player who collapsed and went into cardiac arrest on “Monday Night Football” on Jan. 2.
Mr. Iger can also be working on a sweeping restructuring involving the flow of content to Disney’s streaming services. He has also signaled that cost cutting lies ahead, including potential layoffs.