technology

Netflix is ​​laying off 150 employees from the US to cut costs



Netflix terminated the roles of 150 employees, mostly in the United States today, in an ongoing attempt to lower prices after the historic number of subscribers, but the deadline was reported and engadged.

The staff reportedly affected by the level, and service have included the second round of layoffs at the 11,000-employee company in recent weeks, its staffing has been laid off and reviewed by previous services, and a number of its staff have been laid off and reviewed in the latest post on Netflix internals Tudum .

A company spokesperson said the layoffs are directly related to slowing growth as a company, we explained to earnings that slower revenue growth means we also have to slow growth as a company.

#Translated on behalf of Netflix in a statement to Engadget Unfortunately we are allowing about 150 employees to leave today mostly from the United States, the changes are primarily driven by business needs rather than individual performance which makes it especially difficult as none of us want to say goodbye to such wonderful colleagues, and we work hard to support them During this difficult transition.”

A variety of animations are in development, including Wings of Fire from commercial producer Ava DuVernay, an anti-racist preschool series, with kindest regards from Kindergarten. Back to top |

The streaming service also dropped the documentary, Sealed: Racist, Anti-Racist, and You, an accompanying piece for Sealed From the Beginning.

And she was planning her belt with the Los Angeles Times.

The company also updated its memo this month to update potential employees that streaming services “might not be the best place” to participate in education that they can’t work on in another environment with others camouflaged.

You may find it in the measure for the sake of the measure, and as in the measure, farewell in the measure is the best place for you according to culture.

Netflix’s participation in the first quarter of 2022.

The streaming service is exploring adding a lower-price, ad-supported tier as well as a cut-out from abroad, and the company expects to lose one million subscribers in the second quarter of 2022.

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