Last year, the high-concept film Lightyear came up short, earning just $218 million on a $200 million budget, which makes it a certified bomb. 2015’s The Good Dinosaur underperformed at the box office, resulting in a round of layoffs back then. They’re also laying off employees, even at dependable fixtures like Pixar, which has put out a crazy number of modern classics over the past few decades, including Finding Nemo, The Incredibles, Ratatouille, Up and Inside Out.īut they can’t all be winners. To that end, the company has removed dozens of titles from its Disney+ streaming service so they won’t count as assets on which the studio has to pay taxes. Disney is currently trying to shave some $5.5 billion from its budget.
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