The number of those let go is around 175, or 14% of the staff.
The pullback is largely due toDisney+ scaling back on direct-to-consumer series.
No specifics or timeline for the reduction have yet been determined.

Pete Docter, Chief Creative Officer of Pixar Animation Studios, speaks at Disney’s D23 Expo in 2022.Jesse Grant/Getty Images for Disney
Pixars first original series,Win or Lose, is slated to premiere on Disney+ later this year.
Staffing is a component of that, the Pixar source told Deadline.
Disney declined to comment.

Bob Iger, who took over for Chapek in November 2022, has presided over extensive cost-cutting.
Disney has been under pressure from investors to boost its lagging stock price.