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

Disney CEO Bob Iger told hybrid employees on Monday they must return to corporate offices four days a week starting March 1, according to an email obtained by CNBC.

“As I’ve been meeting with teams throughout the company over the past few months, I’ve been reminded of the tremendous value in being together with the people you work with,” Iger wrote.
Iger’s four-day-per-week stipulation is relatively strict compared with other large companies, which have opted for two or three mandated in-office days for hybrid employees. Apple mandated employees return to work three days a week in September. Twitter owner Elon Musk, who has famously slept as his companies’ facilities as a show of commitment, ordered nearly all Twitter employees to return to the office five days a week in November.
Iger’s return in November came days after former CEO Bob Chapek said he planned to cut costs at the company, which had been burdened by swelling expenses at its streaming service, Disney+.
Iger plans to reorganize Disney’s Media & Entertainment Distribution division, which oversees the company’s content and distribution.