Part 3/12:
The layoffs occur at a time when the company is shifting focus away from streaming content towards theatrical releases, reportedly in response to strategic mandates from Disney Chief Bob Iger. Iger, noted for his emphasis on quality over quantity, aims to revitalize Pixar’s creative output. However, critics and insiders argue that the damage inflicted by previous leadership, particularly former Disney CEO Bob Chapek, has been hard to undo.