Disney to hire majority of Character.AI staff — SkimNews

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- Disney has agreed to hire the "vast majority" of Character.AI employees who were offered positions at the company, per a filing
- The bid is structured as a stalking horse agreement, meaning another company could still come forward with a higher offer
Why it matters: Disney's offer has cleared an early hurdle with most targeted Character.AI staff accepting jobs, but the stalking horse structure means a rival bidder can still top Disney's terms — leaving Character.AI's workforce and its assets in play until a higher bid materializes or the window closes.
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