Disney Slashes Hundreds of Jobs, Pixar Bears the Brunt

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Source: Variety
Disney Slashes Hundreds of Jobs, Pixar Bears the Brunt
Photo: Variety
TL;DR Summary

Disney is cutting several hundred jobs across ESPN, Disney Entertainment Television, and its studios, with Pixar bearing the bulk of the reductions in production and operations as the company tightens its output toward fewer, higher‑quality theatrical releases and streaming. The layoffs follow earlier rounds in April, affecting National Geographic and other units, amid a broader restructuring; Pixar has released Hoppers and Toy Story 5 this year, the latter nearing the billion-dollar mark.

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