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Disney to Hire 60+ Character.AI Staff for $180M in Bankruptcy Deal

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A bankruptcy filing reveals Disney agreed to hire more than 60 staff from Character.AI, paying about $180 million over three years plus $30 million in retention awards, pending judge approval. The deal offers a lifeline to workers affected by layoffs common in bankruptcy proceedings.

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  1. Techmeme
    Filing: Disney agreed to hire 60+ staff from Character.AI and pay them ~$180M over three years, plus $30M for retention awards; a bankruptcy judge must approve (Bloomberg)

    Bloomberg : Filing: Disney agreed to hire 60+ staff from Character.AI and pay them ~$180M over three years, plus $30M for retention awards; a bankruptcy judge must approve — More than 60 workers at Character.AI are being offered a lifeline from the media giant … Soft Landing — Layoffs are common in bankruptcy.

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