Netflix Cuts 300 More Jobs Amid Slowing Growth

Netflix Cuts 300 More Jobs Amid Slowing Growth
Toy figures of people are seen in front of the displayed Netflix logo, in this illustration taken on Jan. 20, 2022. Dado Ruvic/Illustration/Reuters
Caden Pearson
Updated:
0:00

Netflix has laid off a further 300 employees after last month letting go of 150, mostly in the United States, amid slowing growth.

The job cuts, which the company said in May were driven by business needs and not employee performance, come as Netflix subscriptions substantially fell for the first time in a decade.

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