Netflix faces another staff cut, animation is the affected area


netflix She continues to cut staff and it is now the turn of the company’s entertainment area, which officially says goodbye to 30 employees.

The news was first shared by deadlineand they themselves confirmed that this movement is among the first actions carried out by Karen Toliver and Traci Balthazor, the new leaders of netflix animation, to streamline the team.

However, it is assured that this will not mean a decrease in animation production in netflixwho over the past five years has had seven Oscar nominations.

Although they remember it, their short film “If anything happens to me, I love you” It won Best Animated Short Film of 2020.

While other productions like Robin, Robin, I lost my body, Klaus, Over the Moon and the Mitchell family against the machines they also appeared in academy nominations.

Guillermo del Toro’s Pinocchio presents its first trailer: Netflix and Disney face off again

Netflix is ​​still going through a bad patch

On the other hand, this is not the first time that netflix has to lay off employees due to declining company revenue.

Well, at the beginning of the year, netflix laid off 150 employees in the United States, or 2% of the company’s total workforce.

At the time, netflix stated in a press release the following:

As we explained on earnings, our slowing revenue growth means we also need to slow our cost growth as a business (…) These changes are primarily driven by business needs rather than by individual performances, which makes them particularly difficult, because neither of us wants to say goodbye to such good colleagues. We are working hard to support them in this very difficult transition.

We have also recently discovered thanks to The Wall Street Journal that the company was looking to cut costs in the face of slowing subscriber growth by hiring junior staff, controlling cloud computing costs and even limiting corporate loot.

The situation is therefore not easy for this streaming giant which remains the market leader despite everything.

Previous Popular webtoons, web novels to turn into dramas before the end of the year
Next 10 TV Shows That Prove The 1990s Were TV's Golden Age