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Massive layoffs at Netflix again! Streaming company fires 300 employees in second round | Companies News

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.

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Netflix announces layoffs, here s why

Netflix announced Tuesday that it is laying off 150 workers, according to multiple reports.

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Netflix surprises the staff, lays off 150 employees

Netflix has been witnessing the loss of subscriptions and this made the streaming giant lay off around 150 employees from the company recently.

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Netflix lays off 150 employees mostly in US amid slowing growth

The layoffs represent approximately 2% of the company's workforce in the United States and Canada.

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