Tuesday, September 27, 2022
HomeUSA NewsNetflix lays off a number of hundred extra workers : NPR

Netflix lays off a number of hundred extra workers : NPR


Netflix’s resolution to put off extra workers follows the same slicing of employees in Might and an earlier decline in U.S. subscribers for the primary time in over a decade.

Mario Tama/Getty Photos


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Mario Tama/Getty Photos


Netflix’s resolution to put off extra workers follows the same slicing of employees in Might and an earlier decline in U.S. subscribers for the primary time in over a decade.

Mario Tama/Getty Photos

Netflix is shedding roughly 300 extra of its workers.

The choice comes shortly after the corporate laid off 150 workers in Might.

“Right this moment we sadly let go of round 300 workers,” a spokesperson mentioned in a press release Thursday.

“Whereas we proceed to take a position considerably within the enterprise, we made these changes in order that our prices are rising consistent with our slower income progress. We’re so grateful for every thing they’ve executed for Netflix and are working onerous to help them by this troublesome transition.”

Netflix’s first-quarter income name in April revealed slowing income progress. The corporate misplaced 200,000 U.S. subscribers in that quarter, marking its first decline in clients in over a decade.

Netflix attributed a part of the decline in subscribers to password sharing and estimated that 100 million households used one other particular person’s account.

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