Netflix lays off hundreds of employees in second round of job cuts | Mint - Mint

6/23/2022 12:00:00 AM2 years 10 months ago
by Agencies
by Agencies
Netflix layoffs 2022: The world's dominant streaming service has come under pressure in recent months as inflation, the war in Ukraine and fierce competition weigh on subscriber growth
Netflix Inc said it laid off 300 employees, or about 4% of its workforce, in the second round of job cuts aimed at lowering costs after the streaming giant lost subscribers for the first time in more… [+2421 chars]
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