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March 21, 2006
Disney Closes Unit Devoted to Pixar Sequels
The first casualty of Walt Disney Co.'s acquisition of Pixar Animation Studios came Monday when the Burbank entertainment giant shuttered a computer animation unit created to make sequels to such Pixar hits as "Toy Story" and "Finding Nemo." Thirty-two employees, or nearly 20% of the 168 artists, production managers and support staff, were told they would lose their jobs effective May 26. The remaining 136 will be absorbed into Disney's feature animation division and redeployed to work on such productions as "Meet the Robinsons," "Rapunzel" and "American Dog."
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