Disney cuts animation unit

You just knew that Disney animators would be getting the short end of the stick when the Mouse House purchased Pixar earlier this year. So this afternoon word came down that Burbank-based Disney plans to eliminate 160 jobs, or 20 percent, from its animation unit. (Don't you just love how this stuff gets released Friday afternoon?) Pixar, with 800 employees in Emeryville, won't see any cuts. That's what Disney is buying - Pixar's ability to come up with memorable characters. Pink slips will be delivered on Dec. 11. Looks like Bloomberg News broke the details of the cuts this afternoon.