The 50/50 star blamed the institution for abandoning the two hosts, saying that the show did not provide material suitable for the actors.
"I think when you agree to do something like that, you put a certain amount of faith in the institution, hoping that they'll take care of you, and I feel like they didn't [take care of them]," Rogen told ShortList.
"Why hire James Franco and then give him Billy Crystal's monologue?" he said. "It was like, 'Oh, we'll hire these young hosts and then we'll just do the same s**t we do every f**king year'. Which to me was really odd."
Rogen concluded: "I think they just approached it wrong. They didn't think it through, and they were way underprepared.
"I think they hung him out to dry. So I wouldn't do it unless they hired some better writers."
Franco and Hathaway's performance was panned by critics and fellow celebrities following the February ceremony.
Franco later admitted that he felt trapped by the show, saying that he felt uncomfortable about what the organisers expected of him.
Watch James Franco and Anne Hathaway opening the 2011 Academy Awards below: