23.06.2022 20:27 Uhr, Quelle: Engadget

Netflix lays off 300 more employees

Netflix has laid off around 300 people in its latest round of job cuts. Most of the layoffs were in the US, according to Variety, and a number of departments were affected.“Today we sadly let go of around 300 employees,” a Netflix spokesperson told the publication. “While we continue to invest significantly in the business, we made these adjustments so that our costs are growing in line with our slower revenue growth. We are so grateful for everything they have done for Netflix and are working hard to support them through this difficult transition.”Netflix laid off 150 employees, along with many part-time workers and contractors, back in May. It also let go 10 or so staffers from its in-house news site, Tudum, in April. The company has around 11,000 employees around the globe.The layoffs follow a steep drop in Netflix’s share price, which has fallen by around 70 percent since the beginning of the year. In the first quarter of 2022, the company’s subscriber count dropped for

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