Pixar's recent string of flops has led to a restructuring strategy involving more reboots and sequels. The company is cutting jobs and refocusing on big-screen films. Critics have accused Pixar of promoting same-sex relationships and non-binary characters in recent releases.
Pixar is laying off 14% of its workforce due to Disney's budget cuts. The cuts come after overspending on streaming content led to loss of billions of dollars. Disney recently laid off 7,000 workers globally.