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Friday, 24 March2023

Netflix fires 150 staffers

Netflix fires 150 staffers

<p>Netflix has laid off about 150 people, mostly in the United States. &quot;Our revenue growth has slowed dramatically,&quot; the corporation wrote in its quarterly statement to shareholders, indicating that staff layoffs were inevitable. Netflix lost 200,000 customers in the first quarter of 2022, resulting in revenue of $7.87 billion. Netflix also recently laid off 25 individuals from Tudum, its newly created content marketing unit.<br /> &nbsp;</p>

Read full story at CNBC
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