News > Netflix fires 300 employees after losing subscribers
Netflix fires 300 employees after losing subscribers
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BGR | 24/06/2022 11:05 AM | Click to read full article
Netflix announced job cuts of around 300 employees in the second round of layoffs as the streaming giant continues to struggle with slower revenue growth. The Las Gatos-headquartered company reported the loss of subscribers earlier this year for the first time in around a decade.
A previous layoff round impacted the jobs of around 150 employees and several contractors in May.