Netflix: About 150 peopleNetflix Co-CEO Reed Hastings. Getty Images LatamNetflix laid off around 150 people in mid-May, its second round of layoffs in 2022. The latest layoffs, which impacted "mostly US-based" staff, were due to "slowing revenue growth," according to a statement from a Netflix spokesperson. And executives warned at the time that further subscriber losses were predicted for the future. They blamed "revenue growth headwinds" in a report to shareholders and said that heavy Netflix use during the height of the COVID-19 pandemic had "obscured the picture until recently."

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