Netflix lays off 150 mostly US-based staff | Engadget

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Netflix lays off 150 mostly US-based staff | Engadget
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Netflix lays off 150 mostly US-based staff

Netflix terminated the roles of 150 mostly US-based staff today in an ongoing effort to cut costs following a historic drop in subscribers,. The impacted employees reportedly include a number in senior-level positions. It’s the second round of layoffs at the company— which numbers roughly 11,000 employees — in recent weeks.

So sadly, we are letting around 150 employees go today, mostly US-based,” a Netflix spokesperson said in a statement to Engadget. “These changes are primarily driven by business needs rather than individual performance, which makes them especially tough as none of us want to say goodbye to such great colleagues. We’re working hard to support them through this very difficult transition.

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