Netflix Animation fired 30 staff on Wednesday, streaming service confirms The Hollywood Reporter . This is since last spring Netflix reported its loss 30,000 Subscribers in the first 70, followed by losses 70 , Number of subscribers in the second quarter .
During this period, has included 70-plus animation layoffs as well as including Meghan Markle Numerous canceled projects including) Pearl , Netflix Animation has begun a reorganization that has seen a new leader take over over the past few months. The studio is now led by Karen Toliver, VP of Animated Film Content, and Traci Balthazor, VP of Animated Film Production. Tuesday’s layoffs are understood to reflect Netflix’s intention to restructure its animated film production under Balsa.
Meanwhile, Netflix Animation is opening a new Burbank facility to house its original animation projects.
Netflix has several projects that have recently ended or are about to end. Among them, the recently released Sea Beast directed by Chris Williams, and upcoming films including Guillermo Del Toro’s Pinocchio , Henry Selick’s Wendell & Wild , Nora Twomey’s My Father’s Dragon, Wendy Rogers’ Magician’s Elephant and Aardman Chicken Run sequel. On the TV side, upcoming projects include Arcane Season 2 (Season 1 recently won four Creative Arts Emmys, one for Outstanding Animation series).
Since 2020, this fledgling animation division is in the category of animated feature and short films Nominated for seven Oscars, including winning Short Film If Anything Happens, I Love You .
Deadline was the first to report layoffs. 1235182482