Tuesday, October 4, 2022
US Daily News Onlne


Netflix lays off 150 employees after losing 200,000 subscribers

The ‘Streaming’ Netflix Giant Announces the Sacking This Tuesday 150 employeesNotably at its headquarters in the United States, after the…

By admin , in news , at May 18, 2022

The ‘Streaming’ Netflix Giant Announces the Sacking This Tuesday 150 employeesNotably at its headquarters in the United States, after the loss of 200,000 subscribers, which the platform reported during the first quarter of 2002.

“A slowdown in our revenue growth means reducing our Cost As a company,” the company justified in a statement sent to the press on Tuesday.

The text goes on to claim that the changes are due to “business needs rather than personal performance”. Professionals Closed And that they are working to “support them in such a difficult change.”

the separation of 150 employeesThe cut, which represents a cut of 2% of its total workforce in the US, continues to spark bad fears about the platform, as its price on Wall Street from a month earlier resulted in a 36% drop in casualties. she came. its users.

Another 70 more posts

In fact, already the company decided to terminate the contracts of several Tudum workers, a website that is part of its group and which promotes its audiovisual content, which has yet to be specified.

In addition, as reported by Variety exclusive media today, the platform is planning to eliminate other 70 stalls Temporary work at some of its affiliated animation studios as well as hiring freelance workers in charge of the group’s social networks.

Given the saturation of the streaming platform market, experts estimate that Netflix It could lose another 2 million customers during the current quarter, causing a major outcry among its shareholders and workers.

The latest figures presented by the company regarding the number of members of its workforce were 11,000 employees. In addition, Company. is located in Cats (California, United States) has about 220 million users spread across the globe.

Netflix lays off 150 employees after losing 200,000 subscribers

2022-05-18 06:06:57