Netflix Is Cutting Off Approximately 300 More Staff Across The Board
Netflix is cutting off approximately 300 more staff across the board. The layoffs, which amount to around 3% of total personnel, came about a month after the streaming giant lost about 150 jobs in the aftermath of its first subscriber drop in a decade. “We, unfortunately, laid off about 300 employees today,” Netflix said in a statement Thursday. “While we continue to invest heavily in the business, we made these adjustments to align our costs with our slower revenue growth....