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How Did Pixar Heads Save Employees From Layoff?

When a company first starts out it will take them awhile to be profitable, even Pixar. For instance, back in 1985, Pixar (once the Computer Division of Lucasfilm) was in a sad financial state. Craig Good, a Pixar veteran, recently recalled a story of how Pixar bosses Ed Catmull and Alvy Ray Smith saved their employees losing their jobs.

Below is an excerpt:

[Lucasfilm president Doug] Norby was pressing Catmull and Smith to do some fairly deep layoffs. The two couldn’t bring themselves to do it. Instead, Catmull tried to make a financial case for keeping his group intact, arguing that layoffs would only reduce the value of a unit that Lucasfilm could profitably sell … But Norby was unmoved. As Craig tells it: “He was pestering Ed and Alvy for a list of names from the Computer Division to lay off, and Ed and Alvy kept blowing him off. Finally came the order:
See full article at GeekTyrant »

Trivia: How Pixar Heads Ed Catmull and Alvy Ray Smith Saved Their Employees from Layoffs

Trivia: How Pixar Heads Ed Catmull and Alvy Ray Smith Saved Their Employees from Layoffs
[1] It's hard to imagine a day when Pixar was in hard financial times, but the company took many years to earn a profit. In the 1985, the Computer Division of Lucasfilm (which later became Pixar) was under financial pressure. Pixar veteran Craig Good recently recalled a story of how Pixar bosses Ed Catmull and Alvy Ray Smith saved their employees from being let go. Here is an excerpt: [Lucasfilm president Doug] Norby was pressing Catmull and Smith to do some fairly deep layoffs. The two couldn’t bring themselves to do it. Instead, Catmull tried to make a financial case for keeping his group intact, arguing that layoffs would only reduce the value of a unit that Lucasfilm could profitably sell … But Norby was unmoved. As Craig tells it: “He was pestering Ed and Alvy for a list of names from the Computer Division to lay off, and Ed and Alvy kept blowing him off.
See full article at Slash Film »

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