Netflix Fires Another 300 Employees in Latest Round of Cuts
- Job losses are across divisions, and mostly in the US
- Streaming giant seeks to cut costs after weak earnings
This article is for subscribers only.
Netflix Inc. laid off another 300 employees as the streaming giant seeks to bring costs under control amid uneven subscriber growth.
The job losses are across the company, with most affected workers based in the US. The cut is twice as large as the one the streaming giant made last month. The news was first reported in Variety.