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Economic crisis continues at Netflix: 300 extra employees are laid off

  • June 24, 2022
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Although Netflix, the US-based online movie and series platform, is the world leader in its field, it has not been having a great day lately and is struggling

Economic crisis continues at Netflix: 300 extra employees are laid off

Although Netflix, the US-based online movie and series platform, is the world leader in its field, it has not been having a great day lately and is struggling with financial difficulties. The giant company announced that it was losing subscribers for the first time in 10 years in recent months. Due to financial difficulties, the platform had to cancel some of its projects.

The financial difficulties encountered also affected the company’s employees. As we shared with you, it was revealed in May that 150 employees were laid off for this reason. Now the news has again revealed that such a development is taking place.

300 more layoffs due to financial problems

The platform, which has millions of subscribers around the world, made a statement yesterday. about 300 employees announced that he would retire. Company spokesman Bao Nguyen said the layoff involved many different teams. In addition, most of the employees are from the US; however in international roles It was one of the reasons for layoffs.

Nguyen said in his statements: “Unfortunately we have laid off about 300 of our employeesThese changes when using the expressions ” of slowdown in revenue growth stated that it was necessary. The spokesperson declined to comment on whether Netflix would make any more such steps. In contrast, the company’s co-CEOs, Reed Hastings and Ted Sarandos, emailed employees that they are aware of the concerns and plan to return to a “commercial service in the near future.” more normal workflow’. to dawn.

Source: Web Tekno

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