Netflix cuts roughly 300 jobs in second round of layoffs
Netflix will go through a second round of job cuts as the streaming behemoth continues to feel the pain following its first subscriber loss in over a decade.
Tuesday trading: 5 things to know
Here are the key events taking place on Tuesday that could impact trading as U.S. markets return from a long holiday weekend.
Netflix announces 'Squid Game' will return for second season
Netflix announced that the Korean drama series 'Squid Game' will return to the platform for a second season, but did not offer a timeline for its release.
Netflix shares knocked as Goldman warns on 'consumer recession' fears
Goldman Sachs is warning that more challenges lie ahead for the streaming behemoth after its first quarter subscriber loss.
Netflix places bid to create production studio at former New Jersey Army base
Netflix is vying to expand its production studio footprint to the Garden State with a bid for a 289-acre property located at a former Army base.
Russian sanctions target Janet Yellen, Netflix CEO, airline executives
Sanctions rolled out by Russia this week are targeting Biden administration officials and key U.S. business figures as the war in Ukraine continues
Netflix's 'Don't F--k With Cats' star: New York red flag law 'failed' when it came to alleged Buffalo killer
A star in the Netflix documentary “Don't F--k with cats” says that the State of New York "failed" in implementing its red flag law.
Netflix lays off 150 employees amid subscriber losses
Netflix said layoffs were primarily driven by "business needs" and would affect "mostly U.S.-based' personnel.
Netflix lays off 150 employees amid subscriber loss
Streaming giant Netflix said it has laid off about 150 employees, mostly in the United States, as the service contends with big subscriber losses.
Hedge funds drop Netflix shares, other platforms' stocks, as tech sales continue
Hedge funds such as Tiger Global Management, Winslow Capital Management, and Scopus Asset Management sold all their shares of Netflix ahead of the company announcing in March its first loss of subscribers in more than 10 years.
Netflix tells employees to quit if they’re offended by new culture memo
Streaming giant Netflix has told its employees to leave the company if they’re offended by the content the company is producing. The directive appeared in a company memo.
Netflix tells employees to spend company money 'wisely' after major subscriber loss
Netflix is encouraging its employees to be more fiscally responsible with company funds after the streaming giant suffered its first subscriber loss in more than a decade.
Netflix could add commercials by end of the year: report
Netflix reportedly told employees in a recent note that ads could be coming to the streaming platform by the end of 2022.
PR firm Zeno Group advises corporate clients not to weigh in on Roe v. Wade, abortion rights: report
Public relations firm Zeno Group has reportedly advised a number of high-profile clients to avoid commenting on the leaked Supreme Court draft opinion overturning Roe v. Wade, a 1973 landmark legal ruling that protects women's rights to an abortion.
Netflix accused of misleading investors prior to subscriber loss
Netflix investors have filed a class-action lawsuit accusing the streaming behemoth of making false or misleading statements about its business, operations and prospects after it reported a loss of 200,000 subscribers in the first quarter of 2022.
Varney: It's a bad time to be woke
FOX Business host Stuart Varney argues from Musk taking over Twitter to BLM's finances, wokeism in America faces ridicule.
Netflix subscriber losses prompt animated project cancellations: Report
Animated projects that have been cut include an adaptation of Roald Dahl's "The Twits," an animated series based on Jeff Smith's "Bone" comic book series and Lauren Faust's "Toil and Trouble."
Netflix's competitors 'gaining on them' as subscriber growth poses challenges: Joe Flint
WSJ entertainment and media reporter Joe Flint discusses Netflix's challenges as the company scrambles to find a solution for slow subscriber growth.
Netflix share price 'aggressively hit' by Ackman exit
Upholdings founder and portfolio manager Robert Cantwell discusses the billionaire’s $400 million loss on Netflix.
Netflix shares sink as Wall Street bails
At least nine Wall Street analysts have downgraded the stock following the streaming behemoth's disappointing earnings results.