How Pixar Bosses Saved Their Employees from Layoffs
"Today, Pixar may be a multibillion dollar company seemingly capable of doing no wrong in the box office, but in its early days as Lucasfilm’s computer animation division, its future was far from certain. Indeed, in the mid-’80s, some at Lucasfilm doubted the value of computer animation, and the division faced deep layoffs. Then, its two heads, Alvy Ray Smith and Ed Catmull, saved it in a positively Pixaresque way."
Now that's what I call leadership.