Disney going to lay off 300 of its Pixar employees?
According to TechCrunch and Reuters, Disney is planning to lay off 300 employees from its Pixar studio. The studio currently employs 1,300 people. The reasons for the planned job cuts are a lack of new contracts, the end of work on series available for streaming and, above all, much less content being produced. If the job cuts go ahead, the Pixar team will be reduced by up to 20%.