Animation studio hit hard
Digest more
The latest round of layoffs comes even after "Toy Story 5" opened to a robust box office performance following its June 19 theatrical release.
The Walt Disney Company has unleashed a fresh bloodbath across its entertainment empire, with Pixar taking a major hit despite the blockbuster success of “Toy Story 5.” The “Mouse House” announced several hundred layoffs Tuesday in its third round of cuts this year,
Creative Bloq on MSN
Toy Story 5 made $1 billion – Pixar is laying off artists anyway
Future Pixar movies will need to have lower budgets.
Pixar has lost over 100 employees during Disney's latest round of layoffs. This news comes as Toy Story 5 nears $1 billion at the box office.