Disney's Pixar Animation Studios to reportedly slash jobs

Disney-owned Pixar, the animation studio behind blockbuster franchises “Toy Story,” The Incredibles” and “Finding Nemo,” is set to slash jobs, according to reports. The studio has “completed production on some shows and now has more staff than it needs,” Reuters reported on Friday, citing an anonymous source. TechCrunch had reported earlier this week that Pixar will chop headcount by as much as 20% this year, reducing staffing to roughly 1,000 from the current 1,300 that work for the studio.However, the an ...