Another 300 employees have been let go as the company struggles to curb costs while revenue growth slows. Read More...
TechCrunch
Netflix lays off 300 more people — almost 3% of its staff
Video streaming company Netflix said it has laid off 300 people — which represents 3% of its workforce — because of slowing growth and the economic downturn. “Today, we sadly let go of around 300 employees,” Netflix said in a statement Thursday. Netflix joins a long list of companies like Coinbase, Better.com and MasterClass that have let go of a significant chunk of their staff.
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