Pixar makes biggest restructuring in its history, laying off 14% of its workforce

Of course, top leadership is unaffected.

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As part of Disney's cost-cutting measures, 14% of Pixar's workforce is being laid off (approximately 175 employees) as part of the biggest restructuring effort in the company's history. Employees have been known the layoffs were coming, they just weren't sure of when and how many would be going.

According to The Hollywood Reporter, some outlets predicted that Pixar could lose up to 20% of its workforce. It's worth noting that Pixar is only the most recent Disney branch to lose employees, as its layoffs were delayed due to production schedules.

Top leadership will be unaffected by these layoffs, and Pixar president Jim Morris wrote the following in a memo about the layoffs:

"Hello everyone.

I have spoken to you many times over the last year about our pending move away from series production for Disney+, the return to our focus on feature films, and the reduction in our team that would accompany that. That day is here, and while it is not coming as a surprise to anyone, it is one of the hardest changes we've had to make, as it means we will be parting with a number of talented and dedicated colleagues and friends.

Today, leaders will begin the process of notifying employees whose positions are being impacted. Calendar invites to speak with a leader have already gone out to those individuals, and we anticipate we will have connected with everyone impacted by the end of the day.

I want to assure you that will be providing extensive support as our colleagues start to transition out of the studio. We are committed to ensuring that their departure is handled with the utmost respect and care at every stage. This is important to me, and I understand how important this is to all of us in the Pixar community. I will host a brief Studio Meeting via Zoom this afternoon at 5:00 to talk more about today's announcement.

Despite the challenges in our industry over the past few years, you have all consistently shown up to contribute, collaborate, innovate, lead, and do great work at this studio. I give you my deepest thanks, and for those who will be leaving us, I am hopeful that our paths will cross again, both professionally and personally."

Pixar makes biggest restructuring in its history, laying off 14% of its workforce

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