Disney’s Pixar Animation will lay off about 14% of its workforce

Approximately 175 people will be affected by job cuts at the Walt Disney unit.

The animation studio had hired more staff to create original series, as former Disney CEO Bob Chapek pushed each of the company’s creative units to produce exclusive content for Disney+.

Chapek’s successor, Bob Iger, has reduced spending on original streaming content to make Disney+ profitable. The company’s entertainment division, which includes streaming services Disney+ and Hulu, posted an operating profit in the latest quarter.

Pixar will once again focus exclusively on feature films, which will be shown in theaters before reaching homes through Disney+. A single original series, “Win ​​or Lose,” about a co-ed softball team, will appear this year on Disney+.

Reuters reported the first wave of layoffs last year, and earlier this year reported that another wave of cuts was coming