"Outside of the financial strain of it all, sources also paint a picture of a studio that’s terrified to rock the boat, with some internally pushing to avoid LGBTQ themes, requiring edits to Inside Out 2."

Clearly there was supposed to be some LGBTQ themes in the film.

"It was heavily impacted by 2023’s SAG-AFTRA strike, but as other films were delayed out of Summer 2024, Pixar was adamant about staying put. The unwillingness to delay the film persisted despite last-minute rewrites and the quiet expansion of Docter’s role on the film."

Pete Docter stepped in and did some rewrites of the film, possibly removing those LGBTQ themes.

"While Docter is publicly an executive producer of Inside Out 2, multiple sources say that he stepped in as uncredited co-director, working heavily alongside credited director Kelsey Mann."

Clearly Pixar realized that something wasn't working.

"... there were many reasons why Lightyear disappointed at the box office: a confusing spinoff concept, a new voice for Buzz, growing pains in going from Disney+ back to theatrical. Doctor even admitted that it prompted “a lot of soul-searching” at the studio, citing some of Lightyear’s conceptual and character issues."

"Others have concerns about the culture at Pixar, and the storytelling there leaning more toward the “universal stories” directive, especially with the apparent aversion to LGBTQ themes. “A lot of us accepted the fact that we may never see a major gay character in a Pixar movie,” says one source."