https://www.eastbaytimes.com/2022/06/23/netflix-lays-off-300-employees-as-bad-year-continues-to-hit-company/

Netflix is laying off 300 employees in the midst of a rough year for the streaming giant.

“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,” a company spokesperson told CNN Business Thursday. “We are so grateful for everything they have done for Netflix and are working hard to support them through this difficult transition.”