Netflix Layoffs
Are you a tech employee who has heard of layoffs coming. The billionaire apparently changed his mind about the mega-streamer after Netflix stock took a nosedive following news released Tuesday that Netflix has lost 200000 subscribers in.
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Netflix stock doubled from 2019 to 2021 and it increased headcount by more than 30.
. But the shares have plunged 70 since mid-November. From Netflixs Stock Swoon to Mass Layoffs Anxiety Grips Industry By Brent Lang Diane Garrett. As a result executives conceded that Netflix needed to.
The layoffs come shortly after Netflix reported on April 19 that it lost 200000 subscribers during the first quarter.
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