The giant of ‘streaming’ Netflix announced this Tuesday the dismissal of 150 workersespecially at its US headquarters, after the loss of 200,000 subscribers that the platform reported during the first quarter of 2022.
"The slowdown in our revenue growth means reducing our costs as a company", justified the company in a statement sent to the press on Tuesday. The text goes on to claim that the changes are due to "business needs more than individual performance" of the laid-off professionals who are working to "support them in such a difficult transition". The dismissal of these 150 employees, which in the US represents a cut of the 2% of your workforce In total, it continues to expand the bad omens about the platform, since just a month ago its price on Wall Street fell by 36% as a result of the high number of casualties among its users. In fact, already then the company decided to terminate the contract to a number of Tudum workers, a website that is part of its conglomerate and in which its audiovisual content is promoted, which has not been specified yet. In addition, as reported today by the specialized media Variety, the platform provides remove another 70 posts of temporary work in some of its associated animation studios, as well as in the hiring of freelance workers in charge of the group’s social networks. Given the saturation of the streaming platform market, experts estimate that Netflix could lose another 2 million subscribers during the current quarter, generating a great upheaval among its shareholders and workers. The latest data offered by the company regarding the number of members of its workforce amounted to 11,000 employees. Likewise, the company based in Los Gatos (California, United States) has approximately 220 million users spread around the world.