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      "text": "We now expect to reduce costs by at least ~$7.5bn by the end of FY24, ~$2bn ahead of our original target.",
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      "text": "We continue to seek additional efficiencies... Within three months of Iger’s return, we announced a $5.5bn cost reduction program... We now expect to reduce costs by at least ~$7.5bn by the end of FY24...",
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      "text": "Helping Iger now is a new CFO, Hugh Johnston. During his 13 years at PepsiCo, Johnston showed an ability to cut costs at a sprawling business ...",
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      "text": "Helping Iger now is a new CFO, Hugh Johnston. During his 13 years at PepsiCo, Johnston showed an ability to cut costs at a sprawling business ... —New York Times",
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      "text": "Source: Company data. 1 Puck, The Villain of the Year Is ... The Three-Headed Monster Tormenting Disney, 01/02/24; 2 New York Times, A Big Day for the House of Mouse, 11/08/23",
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