Walt Disney’s Pixar Animation Studios reportedly axed 75 positions in a move Reuters described as “the first significant job cuts at the studio in a decade.”
Reuters published an exclusive report that Pixar, owned by Disney, has purged a large amount of employees including some who have served the studio for years.
“Walt Disney’s (DIS.N) Pixar Animation Studios has eliminated 75 positions including those of two executives behind box office disappointment ‘Lightyear,’ sources said on Saturday, the first significant job cuts at the studio in a decade,” Reuters journalist Dawn Chmielewski wrote.