Thread regarding DreamWorks Animation SKG Inc. layoffs

In 1984, Michael Eisner became Chief Executive Officer (CEO) at The Walt Disney Company

In 1984, Michael Eisner became Chief Executive Officer (CEO) at The Walt Disney Company. Eisner brought Katzenberg with him to take charge of Disney’s motion picture division. Katzenberg was responsible for reviving the studio which, at the time, ranked last at the box office among the major studios. He focused the studio on the production of adult-oriented comedies under its Touchstone Pictures imprint, including films such as Down and Out in Beverly Hills (1986), Three Men and a Baby (1987) and Good Morning, Vietnam (1987). By 1987, Disney had become the number-one studio at the box office.(5) Katzenberg also oversaw Touchstone Television, which produced such hit TV series, The Golden Girls and Home Improvement.

Katzenberg was also charged with turning around Disney's ailing Feature Animation unit, creating some intrastudio controversy when he personally edited three minutes out of a completed Disney animated feature, The Black Cauldron (1985), shortly after joining the company.(6) Under his management, the animation department eventually began creating some of Disney's most critically acclaimed and highest grossing animated features. These films include Who Framed Roger Rabbit (1988), The Little Mermaid (1989),The Rescuers Down Under (1990), Beauty and the Beast (1991), which was the first animated feature to be nominated for an Academy Award for Best Picture,(5) Aladdin (1992), and The Lion King (1994). In addition, Katzenberg also sealed the deal that created the highly successful partnership between Pixar and Disney and the deal that brought Miramax Films into Disney

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