The directive comes after the streaming giant reported a 200,000 subscriber loss.
is advising its employees to be fiscally responsible, while facing a loss of subscribers that has sparked fears about the viability of streaming services. by the company Thursday.
Under the “Judgment” section of the memo, Netflix tells employees to “This is marked change from the rest of the largely freewheeling document, which also tells employees to “Avoid rules.” in a decade. Netflix attributed the 200,000 subscriber loss to account sharing, the pandemic and increased competition from rivals. Still, the loss at the streaming giant has spooked competitors and investors, who are now questioning whether all streaming services will see a similar slowdown.
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