Netflix Laying Off Workers as Profits Slow Down

0
119

Unfortunately, as Netflix works to cut its losses, it’s also cutting its workforce. The streaming service let 150 workers go, most of whom are based in America.

In a public statement, Netflix confirmed its lack of growth in revenue means it has to cut costs. The company also affirmed the difficulty of the layoffs since the performance of these employees had zero bearing on their displacement.

Finally, Netflix assured that laid-off staffers have their “support” while they make this uncomfortable transition.

Signup for the USA Herald exclusive Newsletter

Alternative work options for laid-off employees

Layoffs are never fun; however, in today’s economy, they can seriously bring stress to families.

Netflix employees or other folks to lose their jobs may do well to look into some alternative forms of work. Driving for Lyft and/or Uber is an option to make some extra money and offset loss of income.

Additionally, providing delivery services for DoorDash, Postmates, Grubhub, Instacart, UberEats, etc. can also help with bringing extra funds in. Each of these apps is easily accessible on a cell phone.