Netflix’s layoffs hit Tudum, its editorial arm, just five months after launch.

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Netflix just fired some of its editorial staff five months after launching its own edition of Tudum. Netflix declined to share details but said Tudum is not being shut down. At least eight writers have tweeted that they have been fired, including the editor-in-chief.

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“Our Tudum fan site is a high priority for the company,” a Netflix spokesperson said in a statement to TechCrunch.

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Given the precariousness (and often low salaries) of traditional journalism jobs, Netflix has been able to recruit a number of talented journalists from top titles in online media, including many people of color, according to tweets from former employees. While it’s good to know that Netflix considers DEI when hiring, employees are left with a bitter taste in their mouths when they’re fired before they actually get a chance to develop a new post from scratch.

As competing services like Disney+ and HBO Max grow, Netflix is ​​struggling to keep up. streaming service informed last week that he lost 200,000 subscribers in the first quarter of 2022 – the first loss of subscribers in over ten years. These losses are expected to continue as Netflix forecasts a global loss of 2 million paying subscribers in the second quarter.

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Netflix tried to squeeze more money out of customers with price increase and testing functions it will charge extra for account sharing. But in the wake of last week’s poor earnings, it seems like Netflix has decided to wind down its new content marketing business.

Netflix told TechCrunch that the layoffs affected both contract and staff employees, but declined to say if any other departments at Netflix were affected.

If you are an employee or former employee of Netflix and would like to talk about these layoffs or corporate culture, please email [email protected] or message 929 593 0227 via Signal, an encrypted messaging app.


Credit: techcrunch.com /

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