Netflix Lays Off 30 Film Animation Staffers IndieWire
Netflix Lays Off 30 Film Animation Staffers IndieWire × Continue to IndieWire SKIP AD You will be redirected back to your article in seconds Back to IndieWire News All News Galleries Lists Box Office Trailers Festivals Thompson on Hollywood Film All Film Reviews Interviews Profiles of a Partnership 2022 Best Movies of 2022, So Far 2022 Fall Movie Preview 2023 Oscars ’90s Week Best of the Decade Video Podcasts TV All TV Reviews Interviews 2022 Fall TV Preview 2022 Emmys Best TV Shows of 2022, So Far Influencers: The Craft of TV 2022 Video Podcasts Awards All Awards 2023 Oscar Predictions TV Awards Calendar Film Awards Calendar Thompson on Hollywood Influencers: Profiles of a Partnership 2022 Awards Spotlight Spring 2022 Craft Considerations Top of the Line Animation Podcasts Video All Video Podcasts Consider This Conversations Toolkit Sundance Studio Awards Spotlight Winter 2022 Tune In Shop Gift Guides Tech Movies and TV to Buy and Stream More About Team How to Pitch Stories and Articles to IndieWire Advertise with IndieWire Confidential Tips News All News Galleries Lists Box Office Trailers Festivals Thompson on Hollywood Film All Film Reviews Interviews Profiles of a Partnership 2022 Best Movies of 2022, So Far 2022 Fall Movie Preview 2023 Oscars ’90s Week Best of the Decade Video Podcasts TV All TV Reviews Interviews 2022 Fall TV Preview 2022 Emmys Best TV Shows of 2022, So Far Influencers: The Craft of TV 2022 Video Podcasts Awards All Awards 2023 Oscar Predictions TV Awards Calendar Film Awards Calendar Thompson on Hollywood Influencers: Profiles of a Partnership 2022 Awards Spotlight Spring 2022 Craft Considerations Top of the Line Animation Podcasts Video All Video Podcasts Consider This Conversations Toolkit Sundance Studio Awards Spotlight Winter 2022 Tune In Shop Gift Guides Tech Movies and TV to Buy and Stream More About Team How to Pitch Stories and Articles to IndieWire Advertise with IndieWire Confidential Tips
Get The Latest IndieWire Alerts And Newsletters Delivered Directly To Your Inbox Subscribe
Netflix Lays Off 30 Film Animation Staffers
The cuts align streamer s animation film production team under VP Traci Balthazor
Tony Maglio Sep 14, 2022 12:46 pm @tonymaglio Share This Article Reddit LinkedIn WhatsApp Email Print Talk “If Anything Happens I Love You” Shorts TV Netflix has laid off 30 staffers from its Film Animation teams, IndieWire has confirmed. Earlier this year, Netflix unveiled new leadership for its Animation Film team: vice president of Animation Film Content Karen Toliver and VP of Animation Film Production Traci Balthazor. Wednesday’s changes organize the animated-film production business under Balthazor, a person with knowledge of the plans told us. The 30 roles in question were no longer needed, the person said. Netflix has had seven animated projects nominated for Oscars over the past five years, including a win for “If Anything Happens, I Love You” (Best Animated Short Film). The other nominated animated films include 2022 nominees “Robin Robin” (Best Animated Short) and “The Mitchells vs. The Machines” (Best Animated Feature), 2021’s “Over The Moon” (Best Animated Feature Film) and “A Shaun the Sheep Movie: Farmageddon” (Best Animated Feature), and 2020’s “I Lost My Body” (Best Animated Feature) and “Klaus” (Best Animated Feature).Related
'Guillermo del Toro's Cabinet of Curiosities' Is More of an Empty Cupboard New Movies: Release Calendar for October 21, Plus Where to Watch the Latest FilmsRelated
24 Famously Queer and Homoerotic Horror Movies, from 'Psycho' to 'Hellraiser' Ana de Armas and Michelle Williams Make a Showy Entrance Into the Best Actress Race Deadline first reported the news of the Netflix layoffs. Cost-cutting has become a major focus of streaming services, and layoffs are one unfortunate way to get there. Netflix is not alone in employing an employee-reduction strategy; on Tuesday, Warner Bros. Discovery laid off 100 staffers. Much of those cuts, which hit the ad-sales teams particularly hard, were previously announced but executed yesterday. Netflix and Warner Bros. Discovery are probably the companies on the hottest of seats to cut costs. Netflix’s valuation plummeted after the streaming king revealed it lost subscribers in the first quarter of 2022. It lost more in the second quarter. The combination of the former WarnerMedia and Discovery, Inc., which officially formed a new company in April, has been self-tasked with trimming $3 billion in costs. Most famously perhaps was the unceremonious cancellation of “Batgirl,” a movie planned and produced for streaming service HBO Max that has instead turned into a tax write off. There was other cuts in content where that one came from. On Tuesday, Warner Bros. Discovery CFO Gunnar Wiedenfels said his company is on target or ahead of its lofty savings goals. “I’ve already guided $2 to $3 billion of actual synergy capture in 2023,” he said at the Goldman Sachs 2022 Communacopia + Technology Conference. “So we are moving at pace here.” Sign Up: Stay on top of the latest breaking film and TV news! Sign up for our Email Newsletters here. This Article is related to: Film and tagged NetflixGet The Latest IndieWire Alerts And Newsletters Delivered Directly To Your Inbox Subscribe