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Netflix

Netflix reports $7.97 bn revenue though it lost 1 mn subscribers

Video streaming platform Netflix announced that it lost nearly one million paid subscribers in the second quarter of 2022. Netflix lost 970,000 subscribers in Q2,...

Netflix terminates 300 employees in second round of job cut

Netflix said it terminated jobs of 300 employees, or about 4 percent of its workforce, in the second round of job cuts aimed at...

Netflix lays off about 150 employees, mostly in the US

Netflix has laid off about 150 people, mostly in the United States, as the streaming service company faces slowing business growth. The layoffs represent approximately 2...