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Pixar Cuts About 175 Jobs as Part of Wider Disney Effort.
In: Bloomberg.com, 2024-05-21, S. N.PAG
Online
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Zugriff:
Pixar, a subsidiary of Walt Disney Co., is cutting 14% of its staff, resulting in about 175 job losses. The decision is part of Disney's broader cost-cutting efforts, with CEO Bob Iger aiming to eliminate $7.5 billion in annual expenses. The layoffs at Pixar are a result of the company's decision to focus on feature films and move away from producing TV series for the Disney+ streaming service. The Covid-19 pandemic has also impacted Pixar, with box-office receipts running about a third below pre-pandemic levels. [Extracted from the article]
Titel: |
Pixar Cuts About 175 Jobs as Part of Wider Disney Effort.
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Autor/in / Beteiligte Person: | Buckley, Thomas |
Zeitschrift: | Bloomberg.com, 2024-05-21, S. N.PAG |
Veröffentlichung: | 2024 |
Medientyp: | serialPeriodical |
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