Pixar's Major Layoffs
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Major Pixar layoffs are underway as part of a restructuring effort. About 175 employees (14% of the workforce) are being let go. This move aligns with Disney CEO Bob Iger's focus on quality over quantity. Pixar aims to shift back to feature films after a challenging period and is looking to bounce back with upcoming releases like Inside Out 2 and Toy Story 5.
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ARTICLE: https://www.hollywoodreporter.com/business/business-news/pixar-layoffs-hit-storied-animation-studio-1235904847
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