Tudum! Netflix is ​​cleaning up its teams


Thibaut Popelier

Gaming Specialist

May 18, 2022 at 3:10 p.m.

20

netflix

© Netflix

It’s bad for netflix ! the streaming service recorded poor financial results that could lead to the cancellation of several programs hosted on its platform. Alas, this will probably not be the only repercussion.

Indeed, the American firm has also made a cut in its workforce.

Always the same ones who toast

For the first time in a decade, Netflix saw its number of subscribers decrease during the first half of 2022. This loss amounts to 200,000 users, despite a turnover up 9.8% year-on-year . However, this positive point should be put into perspective, since the rise in prices seems to be the main cause of this drop. Anyway, the leaders of the SVoD service have already taken drastic measures.

A source contacted by the site The Verge tells us that Netflix has laid off dozens of people, mainly in the United States. This concerns at least 26 subcontractors who worked for the site tudum, which is aimed at fans of the brand’s productions. Marketing-related positions would also be affected.

And thank you for your contribution, of course!

Netflix spokesperson Erika Masonhall explained the situation to The Verge. She justifies this decision by quite logically referring to the drop in growth recorded by the brand in recent months.

As we explained about earnings, slowing our revenue growth means we also need to slow our cost increases within the business. Unfortunately, we are laying off about 150 employees today, mostly in the United States. These changes are driven by business needs rather than individual performance, which makes them especially difficult because none of us want to say goodbye to such great colleagues. We are working hard to support them in this very complicated transition. A number of the agency’s contractors were also affected by this morning’s announcement. We are grateful for their contributions to Netflix.

Recall that Netflix had also expressed its wish to reduce expenses over the next two years due to the poor results announced for the last quarter.

netflix

From €8.99

Read the notice


8

netflix

  • The most complete on the market
  • Often excellent original series
  • Impeccable video compression

The American service is not the most popular in the world for nothing. With an offer of content enriched each week, an always optimal video quality and a very worked user experience, the platform is an essential choice for entertainment. Our only regret remains the constant increase in subscription prices, which makes the service a little less attractive than when it was launched… Fortunately, the number of series and films compensates for this increase.

The American service is not the most popular in the world for nothing. With an offer of content enriched each week, an always optimal video quality and a very worked user experience, the platform is an essential choice for entertainment. Our only regret remains the constant increase in subscription prices, which makes the service a little less attractive than when it was launched… Fortunately, the number of series and films compensates for this increase.

On the same subject :
After the loss of subscribers, Netflix forced to cancel several of its productions?

Source : The Verge



Source link -99