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2 days ago · In May, Disney animation studio Pixar reduced its staff by 14%, eliminating about 200 jobs. Disney has been trimming costs since Bob Iger returned as CEO in late 2022. Disney’s big first...
3 days ago · By Christi Carras Staff Writer. Sept. 26, 2024 11:40 AM PT. Walt Disney Co. has initiated a fresh round of layoffs, with corporate employees emerging as the latest victims of the Burbank media and ...
1 day ago · All told, CEO Bob Iger has targeted 8,000 jobs for elimination. Some 4,000 of those cuts landed in April of last year, but more keep coming. In May, Disney’s Pixar laid off 175 workers amid a ...
3 days ago · In May 2024, Disney-owned animation studio Pixar reduced its staff by 14%, or 175 employees, while the famed unit was experiencing a box office slump (in part due to the company's...
2 days ago · Disney Chief Executive Officer Bob Iger returned to the company in 2022 following Bob Chapek's dismissal. Since his return, he has cut more than 8,000 jobs to help curb $7.5 billion in costs.
5 days ago · The Walt Disney Company has owned and operated several animation studios since the company's founding on October 16, 1923, by Walt and Roy Disney as the Disney Brothers Cartoon Studio; the current Walt Disney Animation Studios in Burbank, California is the company's flagship feature animation studio and claims heritage from this original studio.
1 day ago · Now, things are finally looking up for Disney+. By May, Disney+ finally turned a corner and posted its first profit. Despite previous projections of a $100 million loss for the most recent quarter ...
