Netflix fires 300 employees in 2nd round of job cuts, slashes 4% of workforce | Oneindia News*News

Video Credit: Oneindia
Published on June 24, 2022 - Duration: 02:09s

Netflix fires 300 employees in 2nd round of job cuts, slashes 4% of workforce | Oneindia News*News

Netflix Inc said it laid off 300 employees, or about 4% of its workforce.

Thai was the second round of job cuts which was reportedly done in the bid to lower costs after the streaming giant lost subscribers for the first time in more than a decade.

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