US EditionDisney's Pixar Animation to lay off about 14% of workforce
- Pixar Animation Studios is laying off 175 employees, approximately 14% of its workforce, as CEO Bob Iger focuses on quality content over quantity, according to a source familiar with the development.
- The job cuts at Pixar are a result of scaling back original streaming series development, affecting around 175 employees at the Walt Disney Co unit.
- The layoffs coincide with CEO Bob Iger's goal to emphasize quality content at Pixar Animation Studios, a subsidiary of Walt Disney Co, the parent company confirmed to CNBC.
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29 Articles
The Disney subsidiary began on Tuesday, May 21, to lay off 14% of its workforce, announcing in the process to abandon the production of content for the Disney+ streaming platform in order to focus on the production of animated films. In total, around 175 people are affected.
Disney laying off 14 percent of Pixar workforce: reports
(The Hill) — Disney is laying off scores of employees from Pixar Animation Studios as part of the largest restructuring in the movie maker's history. Approximately 14 percent of Pixar's workforce — nearly 200 employees — are expected to be laid off as part of the job reductions, according to multiple Tuesday reports. Additional classified records found in Trump’s bedroom after Mar-a-Lago search Employees at Pixar have known the layoffs …
Disney embarked on an all-out cost hunt last year, leading to the dismissal of more than 8,000 people, mainly in its media branches, including Disney+.
Pixar president Jim Morris told employees that the animation studio wanted to “focus on movies again.”
Disney, of which Pixar is a subsidiary, embarked on a cost hunt in 2023, with the return to the controls of its former boss, Bob Iger, leading to the dismissal of more than 8,000 people.
Disney’s Pixar to lay off 175 employees, around 14% of studio’s workforce - Washington Examiner
Pixar Animation Studios announced Tuesday that it is laying off about 14% of its workforce, which equates to 175 employees. The layoffs by the studio, owned by the Walt Disney Company, mark the biggest shakeup in its employment since it was created. These layoffs are also part of a wider move by Disney CEO Bob Iger to restructure the company to focus more on quality over content output. “Today, leaders will begin the process of notifying employe…
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