Pixar will undergo a series of layoffs, most likely later this year. While a number has been floated by TechCrunch putting the layoffs at 20% of the staff, leaving the studio with less than 1,000 employees, TheWrap has learned that these numbers are larger than expected.
These redundancies mostly have to do with a lessening of the studio’s commitments to Disney+. TheWrap had previously reported that a full-length series, a follow-up to the as-yet-released “Win or Lose,” had been quietly canceled. And demands for Disney+ specific content from the studio has lessened in the past few months.
Staffers were informed of the upcoming layoffs sometime last year.