82.1 F
San Fernando
Saturday, Jul 2, 2022
Array

Disney’s Pixar Cutting Jobs

Walt Disney Co.’s Pixar Animation Studio cut about 5 percent of its workforce following a delay in the release of the studio’s next film, according to a report Friday. Pixar, in Emeryville, is cutting a maximum of 60 positions out of a total of 1,200 employees following the delay of “The Good Dinosaur,” about an Apatosaurus that befriends a young boy, according to a report in Bloomberg News. The film was originally to be released in May of next year but has been pushed back to November 2015. The studio, in a statement, said it is always evaluating its creative and business needs. “With the release date change of ‘The Good Dinosaur,’ we have realigned our production and support priorities, which includes a small reduction in our staffing,” the statement said. Disney shares closed up 26 cents, or a fraction of a percent, to $70.20 on the New York Stock Exchange.

Mark Madler
Mark Madler
Mark R. Madler covers aviation & aerospace, manufacturing, technology, automotive & transportation, media & entertainment and the Antelope Valley. He joined the company in February 2006. Madler previously worked as a reporter for the Burbank Leader. Before that, he was a reporter for the City News Bureau of Chicago and several daily newspapers in the suburban Chicago area. He has a bachelor’s of science degree in journalism from the University of Illinois, Urbana-Champaign.

Featured Articles

Related Articles