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After laying off several employees recently, popular video streaming platform Netflix has once again shown the exit door to an additional 300 employees in the second round of layoffs.
Netflix has indicated for more rounds of layoffs would be coming this year following that first group, as the platform tried to adjust for its heavily weakened stock price.
These new layoffs hit just a few weeks after the streaming giant which has a global workforce of roughly 11,000 staffers made an initial round of reductions of similar size in May.
After laying off several employees recently, popular video streaming platform Netflix has once again shown the exit door to an additional 300 employees in the