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.

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.

Source: TechMeme
Source Link: https://www.techmeme.com/261017/p21#a261017p21