"Disney's Pixar Anticipates Layoffs Amid Streaming Push"
TL;DR Summary
Pixar is planning to lay off an unspecified number of employees in the latter half of 2024, following previous cutbacks in 2023. The upcoming cuts are part of Disney's efforts to achieve $5.5 billion in cost savings, with a focus on non-content costs. The studio's upcoming film slate includes "Inside Out 2" in 2024, "Elio" in 2025, and two untitled films set for 2026 release.
- Pixar Expects to Make Layoffs in Second Half of 2024 Variety
- As Disney pushes toward streaming profitability, Pixar to undergo layoffs in 2024 TechCrunch
- Disney's Pixar Animation Studios to reportedly slash jobs New York Post
- Pixar Bracing for Possible Layoffs This Year Hollywood Reporter
- Disney's Pixar to cut hundreds from staff - report (NYSE:DIS) Seeking Alpha
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