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Pixar Reduces 14% Of Staff Due To Disney Content Spending Cuts – Update
Pixar Animation Studios will reduce its workforce later this year due to Disney's overall production trims and the cyclicality of animation staffing.
PREVIOUS, JAN. 12: Pixar Animation Studios is planning to reduce its workforce in the coming months, an insider confirmed to Deadline, as part of overall content spending trims at Disney. The ex-boss not only put three straight Pixar films onto Disney+ without a theatrical release, but he also ordered episodic series, which the animation studio had never previously done. While linear TV challenges and the uncertain economics of streaming have certainly weighed on shares, the surprisingly spotty performance of the film studio, including mainstays like Marvel and Pixar, has also been a drag.
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