Pixar receives a $26.2 Million Tax credit to keep film jobs in CA, and immediately lays off 10% of its work force, after making over a billion from Toy Story 5, the highest-grossing film of 2026.
Pixar's Layoffs Came Days After Receiving a $26 Million Tax Credit. So I Wrote California Officials.State tax incentives should create and retain jobs for Californians, not subsidize corporate layoffs.amidamidi.substack.com