The labor restructuring is the latest signal of a major shift within the company as it reported a decline in subscribers for the first time in a decade.
Streaming giant Netflix is laying off an additional 150 employees as of Tuesday, the company confirmed to NPR.
This month, layoffs of employees and contractors for the Netflix fan site Tudum made waves online. People criticized the company for letting go of staff who had been recently recruited and for the lack of internal marketing of their work. The employees let go on Tuesday are"mostly U.S.-based," a Netflix spokesperson told NPR in a statement.
"These changes are primarily driven by business needs rather than individual performance, which makes them especially tough as none of us want to say goodbye to such great colleagues," the spokesperson said.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Netflix lays off 150 employees amid subscriber lossesNetflix said layoffs were primarily driven by 'business needs' and would affect 'mostly U.S.-based' personnel.
Read more »
Report: SF Bay Area tech company gives pink slips to 150 staffersNetflix is reportedly laying off 150 employees and dozens of contractors as it tries to cut costs after the latest earnings report showed slow revenue growth.
Read more »
Netflix Lays Off 150 Employees After Massive Subscriber LossNetflix has laid off 150 employees in the U.S. following the news of subscriber loss and share prices falling.
Read more »
Netflix lays off 150 employees as the streaming service contends with big subscriber lossesThe staff reductions come less than a month after Netflix reported its first subscriber loss in a decade and forecast future losses in the next quarter.
Read more »
Netflix is laying off 150 employees and cutting dozens from its Tudum fansiteNetflix is laying off 150 employees, including dozens from its Tudum fansite
Read more »
Netflix lays off 150 workers as executives look to cut costsNetflix is laying off about 150 employees, according to an internal memo sent Tuesday and confirmed by the streaming giant. 'These changes are primarily driven by business needs rather than individual performance,' a Netflix spokesperson said.
Read more »