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Creative Bloq
Creative Bloq
Technology
Joe Foley

Toy Story 5 made $1 billion – Pixar is laying off artists anyway

Characters from Pixar's Toy Story 5 and Hoppers.

Toy Story 5 might be approaching $1 billion in box office sales, but it seems that's not enough to balance the books at Pixar. A heavy new round of layoffs at Disney includes a reported 116 job cuts at the animation studio behind Toy Story and Inside Out.

Disney says the changes are part of a "continual evaluation of how we manage resources and reinvest across the company as our industry continues to evolve". But what's going wrong if a studio whose latest film has grossed $957 million in month has to make such drastic cuts?

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