http://smartwhenshouting.com/wp-content/uploads/2013/01/7951-disney-disney-characters.jpg (picture source)
Last week, Disney has announced that it will be closing down its Vancouver Pixar branch after having been open for three years, and focusing more on its branch in Emeryville, California. Roughly 100 employees will be losing their jobs. This is definitely a great loss to Vancouver as Pixar is one of the world’s biggest animation companies.
Although it is unclear why Pixar is shutting down in Vancouver, it is official that it will stop operations. From the operations and management standpoint, it might be more cost efficient to close down the Vancouver store because of possible operating costs. It might also be part of their business strategy to completely focus on the California branch.
The Jobs minister, Shirley Bond, said that Pixar’s leave might “reflect the entire industry” as other animation companies may leave after Pixar. That being said, not all cities are suitable for all industries so although Vancouver is the setting for many movies, it might not be the best place for an animation studio.