• Netflix confirms another round of layoffs as it continues to grapple with slowing growth, cutting around 300 roles

    6 days ago - By Business Insider

    AaronP/Bauer-Griffin/Getty Images
    Netflix conducted more layoffs on Thursday as it continues to grapple with slowing growth.
    The news follows Netflix previously cutting jobs in April and May.
    The company lost 200,000 subscribers in Q1 and is expecting to lose another 2 million in Q2.
    Netflix conducted more layoffs on Thursday, as it continues to grapple with slowing growth. 300 roles were cut, a Netflix spokesperson confirmed to Insider. "Today we sadly let go of around 300 employees," the spokesperson said in a statement. "While we continue to invest significantly in the business, we made...
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