Netflix is cutting an unknown number of staffers at its animation arm and is shutting down two films in pre-production following hundreds of job cuts at the streaming giant last year.
Netflix is cutting an unknown number of staffers at its animation arm and is shutting down two films in pre-production following hundreds of job cuts at the streaming giant last year.
Since April 1 this year, more than 43,000 workers from 342 tech companies/startups have been laid off across the world and over 13 per cent are from India.
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.