Netflix Lays Off Estimated 150 Staffers

Netflix is laying off approximately 150 employees across the company, according to an internal memo sent Tuesday and obtained by The Hollywood Reporter. This round of layoffs follows at least 10 full-time staff and contractors working under the editorial division… Read More

Netflix Is Having Financial Problems

Netflix reported a loss of 200,000 subscribers during the first quarter – its first decline in paid users in more than a decade – and warned of deepening trouble ahead, CNBC reported. According to CNBC, Netflix’s shares cratered more than… Read More