Disney's Pixar Animation cuts jobs following 'Lightyear' flop.
TL;DR
Pixar Animation Studios has cut 75 positions, including two executives behind "Lightyear," a box office disappointment. The cuts are part of Walt Disney's plan to eliminate 7,000 jobs and slash $5.5 billion in costs. The layoffs are notable because Pixar is a creative force generating franchises and characters that drive revenue across Disney. "Lightyear" director Angus MacLane and producer Galyn Susman were among those laid off.
- Exclusive: Walt Disney's Pixar Animation eliminates 75 positions Reuters
- Makers of Lightyear flop among Pixar job cuts by Disney The Guardian
- One of CEO Bob Iger's Big Disney Goals is Now Complete AllEars.Net
- 'Lightyear's' Flop Results in the Most Significant Pixar Layoffs in Decades Inside the Magic
- Tragic Kingdom: Disney Completed 7,000 Layoffs Goal Ahead Memorial Day Weekend Breitbart
- View Full Coverage on Google News
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