Disney studio Pixar poised to cut jobs


By AGENCY

Pixar toys from Mattel are pictured in the Manhattan borough of New York City. Photo: Reuters

Walt Disney's Pixar Animation Studios is set to cut jobs as the studio has completed production on some shows and now has more staff than it needs, a source familiar with the situation told Reuters on Thursday.

TechCrunch reported earlier that Pixar was set to undergo layoffs as high as 20% this year, with the studio's team of 1,300 people reduced to under 1,000 over the coming months.

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