{"id":244636,"date":"2023-06-04T15:45:39","date_gmt":"2023-06-04T15:45:39","guid":{"rendered":"https:\/\/www.bnreport.com\/?p=244636"},"modified":"2023-06-04T15:46:12","modified_gmt":"2023-06-04T15:46:12","slug":"disney-pixar-cuts-75-jobs-following-failed-lightyear","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/disney-pixar-cuts-75-jobs-following-failed-lightyear\/","title":{"rendered":"Disney Pixar Cuts 75 Jobs following failed \u201cLightyear\u201d"},"content":{"rendered":"<p style=\"text-align: justify;\"><a href=\"https:\/\/www.bnreport.com\/en\/\"><strong>BNR<\/strong><\/a> &#8211; Walt Disney <a href=\"https:\/\/www.pixar.com\/\">Pixar Animation Studios<\/a> has cut 75 jobs, including the jobs of two executives responsible for the box office failure \u201cLightyear.\u201d According to sources, this is the studio\u2019s first substantial layoff in 10 years.<\/p>\n<p style=\"text-align: justify;\">Director Angus MacLane of \u201cLightyear\u201d was among those let go. MacLane has 26 years of experience as an animator and has worked on critically acclaimed films such as \u201cToy Story 4\u201d and \u201cCoco.\u201d<\/p>\n<p style=\"text-align: justify;\">Also, Galyn Susman, the producer of \u201cLightyear,\u201d left the project. Susman has worked at Pixar since the initial release of the\u00a0original \u201cToy Story\u201d film in 1995.<\/p>\n<p style=\"text-align: justify;\">MacLane and Susman were unavailable for comment. According to the reports, Michael Agulnek, Pixar\u2019s vice president of international press since 2015, was also let go. He did not respond to a request for comment as well.<\/p>\n<p style=\"text-align: justify;\">The layoffs took place on 23\u00a0May. They were part of the previously stated plan by WD\u2019s\u00a0CEO Bob Iger to cut 7,000 workers and save $5.5 billion in expenditures.<\/p>\n<h3 style=\"text-align: left;\"><strong>Disney Entertainment<\/strong><\/h3>\n<p style=\"text-align: justify;\">This restructure merged the film and television divisions into a single Disney Entertainment entity and abolished a distribution department. While the job cuts are minor in comparison to Pixar\u2019s staff base of around 1,200, they are noteworthy.<\/p>\n<p style=\"text-align: justify;\">This is due to the studio\u2019s role as a creative powerhouse, developing brands and characters that generate income across the board for Disney.<\/p>\n<p style=\"text-align: justify;\">Pixar is well-known for film series such as \u201cToy Story,\u201d \u201cThe Incredibles,\u201d and \u201cCars.\u201d However, \u201cLightyear,\u201d which had a projected budget of $200 million, only grossed $226.7 million in international ticket revenue. The film garnered mixed reviews from critics.<\/p>\n<p style=\"text-align: justify;\">In comparison, Pixar\u2019s \u201cIncredibles 2\u201d grossed $1.2 billion at the global box\u00a0office in 2018. Because of the portrayal of a same-sex romance, \u201cLightyear\u201d was banned in 14 Middle Eastern and Asian countries. This had an effect on the film\u2019s box office results.<\/p>\n<p style=\"text-align: justify;\">Layoffs have been executed across the board at Disney, including film and television, streaming services, and theme parks. Disney bought Pixar in 2006 to help resuscitate its failing Disney Animation division.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BNR &#8211; Walt Disney Pixar Animation Studios has cut 75 jobs, including the jobs of two executives responsible for the box office failure \u201cLightyear.\u201d According to sources, this is the studio\u2019s first substantial layoff in 10 years. Director Angus MacLane of \u201cLightyear\u201d was among those let go. MacLane has 26 years of experience as an [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":244637,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2081],"tags":[11525,11526,11522,278,11524,337,11523,11527],"class_list":["post-244636","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-2081","tag-box-office","tag-cinema","tag-disney","tag-featured","tag-lightyear","tag-movie","tag-pixar","tag-walt-disney"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Disney Pixar Cuts 75 Jobs following failed \u201cLightyear\u201d - Business News Report<\/title>\n<meta name=\"description\" content=\"Walt Disney Pixar Animation Studios has cut\u00a075 jobs, including two executives&#039;, who are responsible for\u00a0the box office failure \u201cLightyear.\u201d\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bnreport.com\/en\/disney-pixar-cuts-75-jobs-following-failed-lightyear\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Disney Pixar Cuts 75 Jobs following failed \u201cLightyear\u201d - 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