After eliminating 75 positions as part of a restructuring in June 2023, Pixar is once again preparing for layoffs. The animation studio, founded in 1986, will lay off 14% of its workforce, or about 175 people, down from what it announced earlier in the year.
These layoffs follow the recent failure of Buzz Lightyear, which grossed just $267 million worldwide on a $200 million budget, and the disappointing results of Elementary, which was released in June 2023. Peter Sohn’s film grossed $496 million internationally on a $200 million budget. .
Focus on movies
THE New York Times It reports that Pixar president Jim Morris also indicated in an internal letter that the studio wanted to step away from producing content for the Disney+ streaming platform in order to “focus on movies.”
The animation studio has actually produced several animated series based on its successful films: Cars: On the Road and Welcome to Doug, which stars none other than the dog from Over There.
During the Covid-19 pandemic, critical successes Soul, Luca and Red Alert were stripped of their theatrical release to be delivered on the Disney+ platform. If these movies have just been released in theaters to “Experience these Pixar movies as they were meant to be seen“, the damage was already done.
But the June 19 theatrical release of the highly anticipated Vice-Versa 2 , the follow-up to the success of Pete’s Doctor Who grossed $858 million at the worldwide box office, should set the studio back.
In Kelsey Mann’s Vice-Versa 2, Riley is now a teenager, which has not led to a major upheaval at headquarters, which has to face something unexpected: the arrival of new emotions! Joy, sadness, anger, fear and disgust – which have worked successfully for a long time – do not really know how to behave when anxiety comes. And it seems he’s not the only one…
In 2013, AlloCiné visited Pixar studios for Toy Story 3. Visit
Source: Allocine

Rose James is a Gossipify movie and series reviewer known for her in-depth analysis and unique perspective on the latest releases. With a background in film studies, she provides engaging and informative reviews, and keeps readers up to date with industry trends and emerging talents.