As Disney pushes towards streaming profitability, Pixar to undergo layoffs in 2024, sources at the company said the layoffs would be significant and as high as 20%
by Ripclawe
As Disney pushes towards streaming profitability, Pixar to undergo layoffs in 2024, sources at the company said the layoffs would be significant and as high as 20%
by Ripclawe
3 comments
“According to insiders, the Pixar layoffs include headcount that was hired for Disney+ — hires Disney pushed on Pixar to produce for its streaming division, which hasn’t yet turned a profit.
In Q4, Disney+ added 7 million new subscribers, bringing its total to 150.2 million….”
-I feel like if you have 150 million subscribers but aren’t making a profit, the people making your content aren’t the problem.
Man, for supposedly being skilled at running a business most of these C suite executives sure suck at it
Pixar is a shadow of its former self. It’s no longer the animation pioneer that it used to be.