Author: Emma Roth
Illustration by Alex Castro / The Verge
Netflix is laying off around 150 employees and agency contractors following a disappointing earnings report, citing “slowing revenue growth,” as first reported by Variety.
A source familiar with the situation tells The Verge the layoffs include at least 26 staff members working on the company’s fan-focused Tudum website, which serves as a supplement to Netflix’s content. Prior to this recent round of layoffs, Netflix let go of around 25 marketing staff members, including close to a dozen who worked on Tudum. The 26 employees laid off today were informed of the move in a mass email.
The streaming giant has confirmed to The Verge that most employees affected by the layoffs are located in the US. Netflix spokesperson Erika Masonhall issued...
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Illustration by Alex Castro / The Verge
Netflix is laying off around 150 employees and agency contractors following a disappointing earnings report, citing “slowing revenue growth,” as first reported by Variety.
A source familiar with the situation tells The Verge the layoffs include at least 26 staff members working on the company’s fan-focused Tudum website, which serves as a supplement to Netflix’s content. Prior to this recent round of layoffs, Netflix let go of around 25 marketing staff members, including close to a dozen who worked on Tudum. The 26 employees laid off today were informed of the move in a mass email.
The streaming giant has confirmed to The Verge that most employees affected by the layoffs are located in the US. Netflix spokesperson Erika Masonhall issued...
Continue reading…
Continue reading...