Illustration by Alex Castro / The Verge
Netflix is laying off around 150 employees and agency contractors following a disappointing earnings report, citing “slowing revenue growth,” as first reported by Variety.
A source familiar with the situation tells The Verge the layoffs include at least 26 staff members working on the company’s fan-focused Tudum website, which serves as a supplement to Netflix’s content. Prior to this recent round of layoffs, Netflix let go of around 25 marketing staff members, including close to a dozen who worked on Tudum. The 26 employees laid off today were informed of the move in a mass email.
The streaming giant has confirmed to The Verge that most employees affected by the layoffs are located in the US. Netflix spokesperson Erika Masonhall issued…
