Matt Donnelly Senior Film Writer Moonbug, the family content machine behind the Netflix juggernaut “Cocomelon,” has enacted a small round of layoffs.
Sources estimated that less than 5% of the company will be impacted, and that pink slips will come for roles in Los Angeles and London.
Another source said the brunt of downsizing will hit in-house writers for series and other content, and the company will pivot to a freelance model for those jobs. “As we continue to plan for 2025 and beyond, we are making changes to our studio team to allow us to be more nimble across aspects of our productions.
This means a small number of roles across London and LA will be impacted. We’re deeply grateful for the contributions of these employees and wish them nothing but the best,” a spokesperson for Moonbug told Variety.
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