Close Menu
The Financial News 247The Financial News 247
  • Home
  • News
  • Business
  • Finance
  • Companies
  • Investing
  • Markets
  • Lifestyle
  • Tech
  • More
    • Opinion
    • Climate
    • Web Stories
    • Spotlight
    • Press Release
What's On

China’s AI agents can lie and scheme

September 30, 2026

Boston Globe’s viral lesbian bar article sparks film adaptation buzz: report

September 30, 2026

FIFA lied about paying for PR to save Gianni Infantino — days after hired-gun agency launched global blitz

September 30, 2026

Disney layoffs to cut hundreds of jobs under new CEO

September 30, 2026

McDonald’s pushes AI tools that suggest Big Mac prices based on ‘customer willingness to pay’

September 29, 2026
Facebook X (Twitter) Instagram
The Financial News 247The Financial News 247
Demo
  • Home
  • News
  • Business
  • Finance
  • Companies
  • Investing
  • Markets
  • Lifestyle
  • Tech
  • More
    • Opinion
    • Climate
    • Web Stories
    • Spotlight
    • Press Release
The Financial News 247The Financial News 247
Home » Mass layoffs hit Disney, animation movie giant being gutted again

Mass layoffs hit Disney, animation movie giant being gutted again

By News RoomJuly 23, 2026No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn WhatsApp Telegram Reddit Email Tumblr
Mass layoffs hit Disney, animation movie giant being gutted again
Share
Facebook Twitter LinkedIn Pinterest Email

The Walt Disney Company has unleashed a fresh bloodbath across its entertainment empire, with Pixar taking a major hit despite the blockbuster success of “Toy Story 5.”

The “Mouse House” announced several hundred layoffs Tuesday in its third round of cuts this year, affecting Disney Entertainment Television, ESPN, corporate divisions and Disney Studios, according to SFist.

Pixar’s Emeryville animation studio was hit hardest within the film division. Disney has not confirmed how many Pixar workers lost their jobs, but a source told TheWrap that roughly 116 employees were laid off.

Disney has unleashed a fresh bloodbath across its entertainment empire, with Pixar taking a major hit.
Disney has not confirmed how many Pixar workers lost their jobs, but a source said around 116 employees were laid off.

Many of the Pixar cuts were concentrated in production and operations and reflected the studio’s current slate of projects rather than any single movie’s performance.

“These changes are part of our continual evaluation of how we manage resources and reinvest across the company as our industry continues to evolve,” a Disney spokesperson told the outlet.

The latest cuts come despite “Toy Story 5” delivering a massive box office debut after hitting theaters June 19.

The recent installment in the animated franchise raked in an estimated $312 million worldwide during its opening weekend, including a franchise-record $160 million domestically.

“We’re building a company that’s more agile,” Disney CEO Josh D’Amaro told employees in April.

Pixar’s recent original movies, however, have produced more mixed results at the box office.

“Elio” posted the weakest opening weekend in the studio’s history, while “Hoppers” earned stronger reviews and better ticket sales but still fell short of Pixar’s established franchises’ commercial success.

The Emeryville studio has already endured repeated rounds of job cuts.

Pixar eliminated about 175 employees, or roughly 14% of its workforce, in 2024.

Pixar eliminated about 175 employees, or roughly 14% of its workforce, in 2024 after cutting another 75 positions the previous year as Disney shifted away from prioritizing streaming content and refocused on theatrical releases.

Disney then eliminated roughly 1,000 more positions in April across marketing, television, ESPN, technology, studio operations and corporate teams as it continued reshaping its workforce.

“We’re building a company that’s more agile and better equipped for how the entertainment business is changing,” Disney CEO Josh D’Amaro told employees in April.

As of late 2025, Disney reportedly employed about 230,000 people worldwide.

This week’s cuts also reportedly hit National Geographic particularly hard.

Many of the eliminated ESPN positions were behind-the-scenes roles tied to the company’s integration of the NFL Network.

Employees were notified of the layoffs Tuesday morning. As of late 2025, Disney reportedly employed about 230,000 people worldwide.

Despite the latest cuts, Pixar’s upcoming slate still includes the original feature “Gatto,” directed by “Luca” filmmaker Enrico Casarosa, along with “Incredibles 3.”


Download The California Post App, follow us on social, and subscribe to our newsletters

California Post News: Facebook, Instagram, TikTok, X, YouTube, WhatsApp, LinkedIn
California Post Sports Facebook, Instagram, TikTok, YouTube, X
California Post Opinion
California Post Newsletters: Sign up here!
California Post App: Download here!
Home delivery: Sign up here!
Page Six Hollywood: Sign up here!


animation box office Business California disney espn layoffs Metro pixar
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related News

China’s AI agents can lie and scheme

September 30, 2026

Boston Globe’s viral lesbian bar article sparks film adaptation buzz: report

September 30, 2026

FIFA lied about paying for PR to save Gianni Infantino — days after hired-gun agency launched global blitz

September 30, 2026

Disney layoffs to cut hundreds of jobs under new CEO

September 30, 2026

McDonald’s pushes AI tools that suggest Big Mac prices based on ‘customer willingness to pay’

September 29, 2026

Are extended car warranties worth it? Scams vs. real service contracts

September 29, 2026
Add A Comment
Leave A Reply Cancel Reply

Don't Miss

Boston Globe’s viral lesbian bar article sparks film adaptation buzz: report

Business September 30, 2026

A viral Boston Globe article about a lesbian bar in turmoil after the owner axed…

FIFA lied about paying for PR to save Gianni Infantino — days after hired-gun agency launched global blitz

September 30, 2026

Disney layoffs to cut hundreds of jobs under new CEO

September 30, 2026

McDonald’s pushes AI tools that suggest Big Mac prices based on ‘customer willingness to pay’

September 29, 2026
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
Our Picks

Are extended car warranties worth it? Scams vs. real service contracts

September 29, 2026

Fallen NYC wine seller Sherry-Lehmann loses suit that alleged smear campaign by NYT journo, former execs

September 29, 2026

34-story tower that would transform West Hollywood skyline heads to approval

September 29, 2026

NYU professor regrets ‘stupid’ decision to sell off stocks following Trump 2016 win

September 29, 2026
The Financial News 247
Facebook X (Twitter) Instagram Pinterest
  • Privacy Policy
  • Terms of use
  • Advertise
  • Contact us
© 2026 The Financial 247. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.