{"id":2249716,"date":"2024-05-21T17:19:02","date_gmt":"2024-05-21T21:19:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/disneys-pixar-to-lay-off-175-employees-around-14-of-studios-workforce\/"},"modified":"2024-05-21T17:21:56","modified_gmt":"2024-05-21T21:21:56","slug":"disneys-pixar-to-lay-off-175-employees-around-14-of-studios-workforce","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/disneys-pixar-to-lay-off-175-employees-around-14-of-studios-workforce\/","title":{"rendered":"Disney&#8217;s Pixar is set to lay off 175 employees, approximately 14% of the studio&#8217;s staff"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">30<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fdisneys-pixar-to-lay-off-175-employees-around-14-of-studios-workforce%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2249716&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>Pixar Animation Studios announced a \u200b<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/cnn-expects-significant-layoffs-and-budget-cuts-by-year-end\/\" title=\"CNN Expects Significant Layoffs and Budget Cuts by Year-end\">significant layoff<\/a> of 175 employees, representing 14% of its\u2062 workforce. The shakeup, led by the Walt Disney Company, reflects strategic changes initiated by CEO Bob Iger to prioritize quality over content output. Employees affected by \u200cthe layoffs will be notified promptly, ensuring a swift and transparent\u2062 process. Pixar Animation Studios has disclosed a substantial layoff of 175 employees, amounting to 14% of its workforce. This restructuring, orchestrated by the \u200dWalt Disney Company, mirrors CEO Bob Iger&#8217;s push for quality over quantity. Affected employees will receive timely notifications, ensuring a smooth and\u2063 transparent transition.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<div data-td-block-uid=\"tdi_78\">\n<p><a href=\"https:\/\/www.washingtonexaminer.com\/tag\/pixar\/\" target=\"_blank\" rel=\"noopener\" title>Pixar<\/a> Animation Studios announced Tuesday that it is laying off about 14% of its workforce, which equates to 175 employees.<\/p>\n<p>The layoffs by the studio, owned by the Walt <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/disney\/\" target=\"_blank\" rel=\"noopener\" title>Disney<\/a> Company, mark the biggest shakeup in its employment since it was created. These layoffs are also part of a wider move by Disney CEO Bob Iger to restructure the company to focus more on quality over content output.<\/p>\n<p>\u201cToday, leaders will begin the process of notifying employees whose positions are being impacted,\u201d Pixar President Jim Morris said in <a href=\"https:\/\/www.hollywoodreporter.com\/business\/business-news\/pixar-layoffs-hit-storied-animation-studio-1235904847\/\" target=\"_blank\" rel=\"noopener\" title>a memo<\/a>. \u201cCalendar invites to speak with a leader have already gone out to those individuals, and we anticipate we will have connected with everyone impacted by the end of the day.\u201d<\/p>\n<p>The studio, known for animated films including <em>Toy Story<\/em>, <em>Finding Nemo<\/em>, and <em>The Incredibles<\/em>, announced that it plans to no longer focus on streaming series for Disney\u2019s <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/streaming-video\/\" target=\"_blank\" rel=\"noopener\" title>streaming<\/a> service, Disney+. Instead, the studio will shift focus to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/warner-bros-cancels-the-batman-release-in-russia-over-ukraine-invasion\/\" title=\"Warner Bros. Cancels 'The Batman' Release in Russia over Ukraine Invasion\">theatrical films<\/a>.<\/p>\n<p>Pixar\u2019s latest round of layoffs comes less than a year after the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wednesday-september-15th-2021\/\" title=\"Wednesday | September 15th, 2021\">studio announced<\/a> it would be letting go of 75 employees, marking the first layoffs in 10 years.<\/p>\n<p><strong><a href=\"https:\/\/www.washingtonexaminer.com\/\" target=\"_blank\" rel=\"noopener\" title>CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER<\/a><\/strong><\/p>\n<p>The last four years have not been kind to Pixar, as five of the studio\u2019s last six movies have either financially flopped or been released straight to Disney+. The studio\u2019s most recent film, <em>Elemental<\/em>, ended up performing better than expected <a href=\"https:\/\/www.washingtonexaminer.com\/news\/2024385\/pixars-elemental-flops-in-box-office-debut-with-disneys-first-nonbinary-character\/\" target=\"_blank\" rel=\"noopener\" title>after a rough opening<\/a> at the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/9-box-office-duds-that-became-cult-classics\/\" title=\"9 Box Office Duds That Became Cult Classics\">box office<\/a>, with <a href=\"https:\/\/www.boxofficemojo.com\/release\/rl1811383041\/\" target=\"_blank\" rel=\"noopener\" title>the final tally<\/a> being at just under $500 million worldwide.<\/p>\n<p>Disney as a whole has had a rough time, with most of the company\u2019s film output in 2023 <a href=\"https:\/\/www.washingtonexaminer.com\/news\/business\/2708141\/2023-review-disneys-dismal-year-at-the-box-office\/\" target=\"_blank\" rel=\"noopener\" title>either underperforming or outright flopping at the box office<\/a>. Earlier this month, it was revealed that <a href=\"https:\/\/deadline.com\/2024\/05\/biggest-box-office-bombs-2023-lowest-grossing-movies-1235902825\/\" target=\"_blank\" rel=\"noopener\" title>four of the five biggest box office flops in 2023 were released by Disney<\/a>, all of which lost over $100 million, including one that lost over $230 million.<\/p>\n<\/p><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pixar Animation Studios will lay off 175 employees, 14% of its workforce, in a significant restructuring. The Walt Disney Company-owned studio&#8217;s largest employment shakeup to date reflects broader strategic changes led by Disney CEO Bob<\/p>\n","protected":false},"author":2632,"featured_media":2249717,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2024\/05\/AP23116688495156-1024x611.jpg","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[],"class_list":["post-2249716","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2024\/05\/AP23116688495156-1024x611.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2249716","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/2632"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2249716"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2249716\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2249717"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2249716"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2249716"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2249716"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}