Netflix downsizes its animation department, impacting 30 employees

There have been layoffs at the company and 30 employees have lost their jobs. The company confirmed that they are downsizing the department.

The company brought on Karen Toliver as vice president of animation film content. Similar to other major animation film studios, the idea is to downsize so the animation film production arm is better organized.

With a reduced staff, the company hopes to make more high quality films. There are several Academy Award-nominated animated movies on the streaming service. "Apollo 10 1/2: A Space Age Childhood" is one of the films on the slate.

The streaming service laid off over 450 employees in the summer. Slow revenue growth was the main reason for this.

Around 70 employees in the animation division are at risk of losing their jobs due to changes to animated projects.

In July, the company lost 970,000 subscribers, and in April it lost 200,000.

Netflix lays off 300 more people — almost 3% of its staff

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