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Djinn@lemm.ee

Pixar will undergo significant layoffs in 2024. (techcrunch.com)

submitted 8 months ago by Blaze@discuss.tchncs.de to c/moviesandtv@lemm.ee

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[–] nova_ayashi@reddthat.com 42 points 8 months ago (1 children)

This is like every company right now, and it's entirely because shareholders are parasites

[–] kherge@beehaw.org -1 points 8 months ago* (last edited 8 months ago) (1 children)

Shareholders are pensioners, IRA, and 401(k) account owners too. Small people with aspirations of retiring one day.

[–] ImplyingImplications@lemmy.ca 6 points 8 months ago

Most retirement accounts are in mutual funds, index funds, bonds, and other "safe" investments. It's difficult for an average person to lose their shirt in stocks because of regulations and laws, which also means large stock increases don't affect average people much either.