While small compared to Pixar's employee base of about 1,200, the layoffs are notable because the studio is a creative force generating franchises and characters that drive revenue across Disney.

Per Reuters, 75 staffers from the studio behind Toy Story and Monsters Inc. were let go in late May, and were Pixar’s first job cuts in decade after the underperformance of 2013's The Good Dinosaur. These cuts come after numerous box office disappointments in the last several years.

Among the layoffs that took place at the Walt Disney Company were job cuts at Pixar that included the director and producer of Lightyear, Deadline has confirmed. Director Angus MacLane, a 26-year

Walt Disney’s Pixar Animation Studios cut 75 positions last week, including two executives who worked on the financial disappointment “Lightyear,” Reuters reported Saturday. Angus MacLane, director of the “Toy Story” spinoff and a 26-year animation veteran, and Gayln Susman, producer on the film, were among those removed from their roles.

Pixar Animation Studios, a studio owned by the Walt Disney Company, has laid off 75 of its employees, two of whom were with the studio for over 25 years.

Disney's job cuts are part of a broader plan to slash costs. They come as the company faces declining linear networks and a loss in subscribers for its Disney+ streaming service.