Netflix braces for MORE layoffs by the end of the week - just a month after hundreds of staff and contractors were cut - as the company loses 70% of its value and reveals it shed nearly 200,000 subscribers and expects to lose more
https://www.dailymail.co.uk/news/article-10938579/Netflix-braces-layoffs-end-week.html
It comes on the heels of a massive layover at the company prompted by the company’s 70percent loss in value this spring
The streaming platform shed 200,000 subscribers in the first three months of the year and lost $54 billion in a single day in April
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