DIS Jun 2025 70.000 put
- Yahoo Finance Video
Pixar to lay off 14% of staff as Disney looks to cut costs
Pixar Animation Studios is laying off about 14% of its workforce as Disney (DIS) seeks cost-cutting measures and scales back on content made for streaming. This move comes after Disney executed a wave of layoffs last year in an attempt to boost profitability. Yahoo Finance's Seana Smith and Brad Smith report more on the story and what it means for the media giant's future. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl
- Bloomberg
Disney Said to Sell Stake in Tata’s $1 Billion India TV Platform
(Bloomberg) -- Walt Disney Co. has struck a deal to sell its minority stake in a subscription television broadcaster to Tata Group, people familiar with the matter said, allowing the US media giant to focus on the merger of its Indian unit with billionaire Mukesh Ambani’s media arm.Most Read from BloombergThese Flight Routes Suffer the World’s Worst TurbulenceOne Dead After Singapore Air Flight Hit By Severe TurbulenceCiti Trader Got 711 Warning Messages Before Sparking Flash Crash‘It Felt Like
- LA Times
Pixar layoffs are underway. About 175 jobs are being cut
Famed animation studio Pixar is laying off 14% of its staff as part of a round of cutbacks that had been signaled in January.
