Netflix (NFLX.O) announced on Tuesday that it had laid off roughly 150 individuals, largely in the United States, due to low financial growth.
According to Reuters, the layoffs affected about 2% of the company's staff in the United States and Canada.
"These changes are primarily driven by busi
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Anthony Udugba
Anthony Udugba is a seasoned entertainment business journalist at BusinessDay Media, boasting over four years of experience in the creative industry. With a proven track record of delivering insightful analysis and in-depth coverage, he leverages industry data, expert opinions, and stakeholder insights to craft compelling stories that shed light on the dynamic creative ecosystem.