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Netflix Axes Another 300 Staff, Taking Total Layoffs To More Than 450

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Netflix has laid off an additional 300 employees.It comes after Deadline revealed in May that redundancies were underway with an initial 150 positions eliminated as a result of the slowdown in the company’s revenue growth.The streamer has a global workforce of around 11,000 and the layoffs come after Netflix lost 200,000 subscribers during its first quarter.It started making layoffs in April with a number of staffers laid off at its fan site Tudum, before cutting roles in its U.S.

content teams.In May, a number of those laid off were in the executive ranks, including in original content, with a couple of director-level original series execs set to leave including Sebastian Gibbs and Penelope Essoyan in Drama Series, Negin Salmasi in Spectacle and Event TV as well as Nathan Kitada, Fidan Manashirova and the Family Films team of Naketha Mattocks, Brad Butler, Alison Haskovec and Caroline Mak.Broadcast networks’ fall lineups and schedulesNew and returning series on broadcast, cable and streamingSeries that made it or didn’t make it in 2021-22

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