EventBusinessOctober 18, 2026

Disney to hire most of Character.AI's staff after bankruptcy

Read original source →techcrunch.com

Disney agreed to make offers to at least 60 Character.AI employees — the majority of its workforce — at an estimated $60M in annual compensation, alongside a $20M asset purchase. The filing cites high costs and litigation and regulatory liabilities; it's a stalking horse bid, so higher offers could come.

People · Karandeep Anand

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