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Pixar cuts 14 percent of workforce, shifts focus back to feature films
The cost cutting at Disney continues.
According to Variety, Deadline, and The Hollywood Reporter, Pixar is laying off 175 staffers — 14 percent of its workforce — as it shifts focus back to projects meant for theatrical rather than streaming releases. In on Tuesday, Pixar president Jim Morris stressed that the layoffs — which many employees knew were coming — are part of the studio’s efforts to “return to our focus on feature films,” and “one of the hardest changes” executive leadership ultimately decided to make. “Despite the challenges in our industry over the past few years, you have all consistently shown up to contribute, collaborate, innovate, lead, and do great work at this studio,” Morris said.
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