DIS May 2024 109.000 call
| Previous close | 0.0400 |
| Open | 0.0500 |
| Bid | 0.0200 |
| Ask | 0.0400 |
| Strike | 109.00 |
| Expiry date | 2024-05-24 |
| Day's range | 0.0200 - 0.0500 |
| Contract range | N/A |
| Volume | |
| Open interest | 797 |
- Yahoo Finance Video
Pixar to lay off 14% of staff as Disney looks to cut costs
Pixar Animation Studios is laying off about 14% of its workforce as Disney (DIS) seeks cost-cutting measures and scales back on content made for streaming. This move comes after Disney executed a wave of layoffs last year in an attempt to boost profitability. Yahoo Finance's Seana Smith and Brad Smith report more on the story and what it means for the media giant's future. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl
BenzingaDisney's Pixar Cuts 14% Staff, Shifts Focus to Potential Blockbuster 'Inside Out 2'
Walt Disney Co’s (NYSE:DIS) Pixar Animation Studios has started implementing the layoffs reported months ago, releasing approximately 175 staff members, constituting about 14% of its workforce. These cuts primarily stem from Disney+ reducing its production of direct-to-consumer series. Since his return in November 2022, CEO Bob Iger has advocated for a more disciplined approach to streaming, the Deadline reports. Also Read: Disney’s Latest Unionization Cast Vote Could Signal Shifts in Operationa
- LA Times
Pixar layoffs are underway. About 175 jobs are being cut
Famed animation studio Pixar is laying off 14% of its staff as part of a round of cutbacks that had been signaled in January.
