Business Layoffs Begin at Netflix - It’s a sign of continuing struggles for the streaming giant after it announced significant viewer loss earlier this month.

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https://gizmodo.com/netflix-lays-off-employees-at-tudum-journalists-1848856324 (https://archive.is/eRrZe)

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Netflix’s blog Tudum, an onomatopoeia meant to resemble the sound made when the app starts, is now sounding more like ta-“doom” after the streaming giant suddenly laid off its blog staff Thursday afternoon.

The blog had hired industry writers, some of whom had come from sites like G/O’s own A.V. Club and Jezebel, to write about Netflix programming, including interviews with showmakers and other rundowns of the latest content coming to the platform.

According to multiple tweets, the layoffs came in late afternoon on Thursday, and many were reportedly blindsided by the news. Now-former writers took to Twitter after the layoffs to announce they were open for work. Several expressed feelings of having the rug pulled out from under them.

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We reached out to several former Tudum staff, and though none have responded yet, we will update the story if any wish to comment on the layoffs.

A Netflix spokesperson told Gizmodo “Our fan website Tudum is an important priority for the company.” The spokesperson declined to say how many staff were laid off. They added that Tudum would still continue to exist, but would not confirm what form the blog will take in the coming months.

Some tweets from former staff referred to the entire team being laid off, though Gizmodo could not confirm how many were on the Tudum team at the time of the cuts. But considering that the Wall Street Journal reported a single episode of Stranger Things cost nearly $30 million to produce, the overall cost for blog employees seems a comparative pittance.

Still, it seems that Netflix is on a cost-cutting crusade. The platform has been axing planned shows and movies left and right over the past few weeks since the company announced in its quarterly earnings report that it had lost over 200,000 customers, with more expected to leave over the next quarter. Even though it reported a 10% revenue increase, its stock plummeted nearly 30%, and though it has bounced back slightly in the last few weeks, the company is looking for ways to potentially scrape together more revenue. The company is even considering cracking down on password sharing and including ads on the platform.




Uh oh...!
 
It's weird to see someone admit they were hired for their race be surprised when they lose the job.

What kind of foundation is even there?
 
Oh right, btw. I know it's obvious but Netflix didn't lose 700k subs in Russia.

They only had about 500k in 2020 (https://archive.ph/LpM1i) and then 192k in 2021(https://www.statista.com/statistics/1285054/netflix-subscriptions-russia/). So not only did they lost 300k subs BEFORE Ukraine, they only lost 200k from Russia afterwards.

The decline was more because they inflated projection numbers, since in 2019 they had 'half that' or some shit - while having objectively better services. So, not only is Netflix liars, but their projection whatever firm is fucking retarded.
 
Oh right, btw. I know it's obvious but Netflix didn't lose 700k subs in Russia.

They only had about 500k in 2020 (https://archive.ph/LpM1i) and then 192k in 2021(https://www.statista.com/statistics/1285054/netflix-subscriptions-russia/). So not only did they lost 300k subs BEFORE Ukraine, they only lost 200k from Russia afterwards.

The decline was more because they inflated projection numbers, since in 2019 they had 'half that' or some shit - while having objectively better services. So, not only is Netflix liars, but their projection whatever firm is fucking retarded.
They're probably using McKinsey for the future projections, just like CNN+
 
I'm fine with watching TV over the air or free on the internet and paying for it by watching ads and allowing you to collect data.

I'm fine with paying for TV shows/Movies on DVD or Blu-Ray and owning a copy.

I'm fine with paying for a streaming service if it has a lot of content I like.

I'm not paying for a streaming service that collects my data for analytics. If I'm paying a premium you need to fuck off.

I'm not paying for a streaming service that censors shit. If I'm paying a premium you need to fuck off.

I'm not paying for a steaming service that shows me ads. If I'm paying a premium you need to fuck off.

I'm not paying for a streaming service that has one or two things I want to watch and everything else is shit.

The deal is free stuff shows you ads and tracks you, paid stuff is premium, higher quality content and you don't have to deal with any of the tracking and ad shit. Shit isn't hard. This has been the deal since the inception of broadcast TV.

I had a Netflix account for years before everything on their platform was their shitty original content.
 
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I try not to dance over anyone losing their job. I also realize most of these people will just be shuffled around at Peacock, Disney+, and whatever other streaming services exist out there. This isn't a hard hit, just one giant losing shares to other contenders.
 
…Netflix had an official blog? No wonder they got axed.

With a retarded name. Come on, you can run a blog for free. It's like a zero effort thing. It couldn't have cost that much to employ some bloggers.

Well they got woke, got groomer and now are going broke. Now they are trying to cut the fat anywhere they can.
 
They’re really trimming the fat, aren’t they? If I were them the first thing I would do is not spend $30 million per episode on Stranger Things, or any other show for that matter but especially not one that’s clearly past it’s peak. All of the streaming networks have a major problem with out of control budgets, and Netflix in particular needs to think twice about it considering they don’t have any other ventures to fall back on like Disney and WB do.
 
But considering that the Wall Street Journal reported a single episode of Stranger Thingscost nearly $30 million to produce, the overall cost for blog employees seems a comparative pittance.
Journoroaches BTFO'd again. They probably pay that little Amerimutt kid with the missing teeth and the baseball hat more than their entire blog staff.

#LearnTo...Act, I guess?
 
I'm fine with watching TV over the air or free on the internet and paying for it by watching ads and allowing you to collect data.

I'm fine with paying for TV shows/Movies on DVD or Blu-Ray and owning a copy.

I'm fine with paying for a streaming service if it has a lot of content I like.

I'm not paying for a streaming service that collects my data for analytics. If I'm paying a premium you need to fuck off.

I'm not paying for a streaming service that censors shit. If I'm paying a premium you need to fuck off.

I'm not paying for a steaming service that shows me ads. If I'm paying a premium you need to fuck off.

I'm not paying for a streaming service that has one or two things I want to watch and everything else is shit.

The deal is free stuff shows you ads and tracks you, paid stuff is premium, higher quality content and you don't have to deal with any of the tracking and ad shit. Shit isn't hard. This has been the deal since the inception of broadcast TV.

I had a Netflix account for years before everything on their platform was their shitty original content.
This is a perfect summary. Call it the Renter’s Thesis 95 and nail it to the door of every streaming service.
 
it's always funny when they're surprised they've been laid off. California's an at will state, so they getting all comfy with job security is their fault.
 
They’re really trimming the fat, aren’t they? If I were them the first thing I would do is not spend $30 million per episode on Stranger Things, or any other show for that matter but especially not one that’s clearly past it’s peak. All of the streaming networks have a major problem with out of control budgets, and Netflix in particular needs to think twice about it considering they don’t have any other ventures to fall back on like Disney and WB do.

I've noticed a pattern with Netflix and a lot of streaming shows, they have a Strong first season and then a Meh second season if they get that far and then everything after is dross, and the shows like Stranger Things that do get a lot of hype and attention (I'd argue a lot of that is artificial as well) they can't maintain it so people lose intrest and move on to other things because there is no real story to keep viewers interested.

Part of me thinks that this is there business model, make a lot of original shows that use funding from government film programs and alike so they keep the production costs low pump it up get a increase in subscriptions but once the funding programs expire they just let the show wither on the vine, and they are hoping that some of the originals they can spin off into TV deals to cash in on the people who don't stream (happens a lot outside of North America).

The problem I have with streaming is there isn't anything I want to watch, I'm not a TV viewer and what I do watch is mostly Documentries, Historical stuff and Sci-Fi. They don't make anything that's worthwhile watching with very few exeptions so I don't bother and when I do want to watch something like BSG, Lexx, Red Dwarf, Tails of the Gun and alike I just fire up the DVD rips I made years ago.
 
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