- Pixar was hit hard by Disney-wide layoffs, despite the success of 'Toy Story 5'.
- Disney is cutting hundreds of jobs across corporate functions, including ESPN, Disney Entertainment Television, and studios, with most studio cuts at Pixar and TV cuts at National Geographic.
- The layoffs at Pixar are concentrated in production and operations, reflecting changes in production volume and strategy.
- Disney had previously cut about 1,000 jobs in marketing in April, citing a need to streamline operations for agility and innovation.
- Pixar released two movies in 2026: 'Hoppers' with modest success and 'Toy Story 5' nearing $1 billion.
- Pixar has struggled to launch new properties post-pandemic, as some movies were sent directly to Disney+, conditioning audiences to watch at home.