OAN’s Avril Elfie
10:58 AM – Tuesday, May 21, 2024
Pixar Animation Studios recently laid off 175 employees and suffered new layoffs.
advertisement
On Tuesday, Pixar president Jim Morris told employees that the affected people, or 14% of the workforce, would be informed by the end of the day whether they would be able to keep working, according to the people.
He later said: “Calendar invitations to speak with leaders have already gone out to those people and we anticipate reaching out to everyone affected by the end of the day.”
Pixar has been struggling since the COVID-19 pandemic.like a pixar movie Soul, Luke and get red Because families are accustomed to watching movies at home, movies were sent directly to various streaming services rather than to movie theaters.
Furthermore, even when Pixar returned to prioritizing theatrical releases, moviegoers still rejected the $200 million budget. toy story spin-off light yearThis is evident from the low movie ticket sales.
“During the pandemic, we directed our audiences to watch movies on Disney+. I wouldn’t say there wasn’t a lot of choice,” Morris said. variety “For a while, that was the only thing we could do. We need to put in a little bit of effort to ring the bell and motivate families to go to the theater instead of waiting months to see it on Disney+.”
Morris concluded his memo to all staff with the following: “Despite the challenges in our industry over the past few years, you have always contributed, collaborated, innovated, led, and done great work for this studio. Thank you from the bottom of my heart. And for those who are leaving us, we hope our paths will cross again, both professionally and personally.”
Pixar also laid off 75 employees last year as part of company-wide downsizing.
Stay informed. Receive breaking news directly to your inbox for free. Subscribe here. https://www.oann.com/alerts
Please share this post!
