Disney hires most of Character.AI's staff after bankruptcy
disney agrees to hire at least 60 character.ai employees, paying $60m in annual compensation, after character.ai filed for bankruptcy due to high costs and liabilities.
disney has agreed to make employment offers to at least 60 character.ai employees, which is the majority of the workforce, paying them an estimated $60 million in annual compensation. the 'vast majority' of character.ai employees who were offered jobs at disney accepted them. character.ai filed for bankruptcy earlier this week due to high costs and potential litigation-related liabilities, including a lawsuit over child safety concerns. disney previously acquired some of character.ai's assets for $20 million.