Angry Netflix employees took to Twitter Thursday after learning they were laid off at the streaming giant, home to shows like “Inventing Anna,” “Squid Game” and “Bridgerton.”
Although the exact number of layoffs cannot be immediately known, many of the employees were writers or editors working for them. Netflix’s Tudum section, which launched in December.
“We will. I have just been laid off from an important contract that was originally scheduled to expire in August, so I am looking for stable work…and rent. I need rent” One employee wrote.
“Uh oh! Looks like I have to tweet this again. Is anyone hiring? Netflix just laid off my team (including mine). It’s been an incredible few months and I’m grateful for it but excited for everything to come. Email found in the biography, Another tweet.
The layoffs came from the Todom division and involved a mix of employees and contractors, according to a source familiar with the matter. An insider told The Post that more layoffs could be on the way, and that non-core projects would love it. a queue, A magazine-like flyer about Netflix projects, you could then be in the chopping block.
A company spokeswoman declined to comment on the situation but added: “The fan website Tudum is an important priority for the company.”
Tudum, a nod to the sound that accompanies the Netflix logo when subscribers open the streaming site, was a section focused on news and stories related to the service’s most popular shows and movies.
Roughly 10-15 employees put up virtual “Help Wanted” banners on Twitter, after getting their pink slips.
“You have just been laid off from Netflix/Tudum, as of today,” chirp Writer Rina Sultan. “Email me opportunities via firstname.lastname@example.org so I can pay the rent and help my parents survive! A group of my wonderful colleagues have also been laid off. You will be incredibly lucky to work with any of them.”
Departure drums come after Netflix releases its first loss in subscribers since 2011. Last week. In the first quarter, Netflix said it lost 200,000 subscribers, and expects to lose another 2 million in the second quarter.
In order to stem the bleeding, Netflix co-CEOs, Reed Hastings and Ted Sarandos, said the company is You are more likely to crack down on password sharing.
“Our relatively high household penetration – when the large number of joint households are included in the accounts – combined with competition, is creating headwinds for revenue growth,” the men said in their letter to Netflix shareholders.
After the tough earnings report, The Hollywood Reporter released violent show About the power struggle within Los Gatos, a California-based company that included unnamed Hollywood hitters weighed down by the company’s wasteful spending and its lack of quality control when it came to pumping out content.
One of the creators, who worked with Netflix, said of the streaming device’s content strategy: “I wonder, for example, if bonobos would cast sh-t on a whiteboard full of titles as a way of deciding which projects to create would be more or less successful than all of those Other ‘determiners’ who think they know what people want and don’t want.