Netflix laid off around 300 staffers on Thursday, the latest round of layoffs since the streamer last month let go of 150 employees from its workforce of approximately 11,000 globally.
“Today we sadly let go of around 300 employees,” a Netflix spokesperson said in a statement. “While we continue to invest significantly in the business, we made these adjustments so that our costs are growing in line with our slower revenue growth. We are so grateful for everything they have done for Netflix and are working hard to support them through this difficult transition.”
The staffers impacted are based in the U.S.,