Netflix lays off 150 mostly US-based staff
Netflix terminated the roles of 150 mostly US-based staff today in an ongoing effort to cut costs following a historic drop in subscribers,. The impacted employees reportedly include a number in senior-level positions. It’s the second round of layoffs at the company— which numbers roughly 11,000 employees — in recent weeks.
So sadly, we are letting around 150 employees go today, mostly US-based,” a Netflix spokesperson said in a statement to Engadget. “These changes are primarily driven by business needs rather than individual performance, which makes them especially tough as none of us want to say goodbye to such great colleagues. We’re working hard to support them through this very difficult transition.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Netflix Hit By Layoffs; About 150 Mostly U.S.-Based Employees AffectedEXCLUSIVE: Layoffs are underway at Netflix today. About 150 positions out of the streamer’s 11,000 workforce are being eliminated. They are largely based in the U.S., a number of them in the …
Read more »
Netflix Lays Off 150 Employees After Massive Subscriber LossNetflix has laid off 150 employees in the U.S. following the news of subscriber loss and share prices falling.
Read more »
WSJ Scribe Pens An Ode To The Ford F-150 LightningWhen the Wall Street Journal gives the Ford F-150 Lightning a ringing endorsement, you know the torch has been passed.
Read more »
Netflix Hit By Layoffs; About 150 Mostly U.S.-Based Employees AffectedEXCLUSIVE: Layoffs are underway at Netflix today. About 150 positions out of the streamer’s 11,000 workforce are being eliminated. They are largely based in the U.S., a number of them in the …
Read more »
Netflix Lays Off 150 Employees After Massive Subscriber LossNetflix has laid off 150 employees in the U.S. following the news of subscriber loss and share prices falling.
Read more »
Apple staff are already using 'Tap to Pay' at the HQ visitor center | EngadgetApple is already testing its Tap to Pay feature for merchants at its Apple Park visitor center..
Read more »