Struggling Netflix Announces Major Layoffs, Cancels Woke Projects Like 'Antiracist Baby'

Netflix is set to lay off approximately 150 employees in an attempt to curb costs following slow revenue growth in the first quarter of 2022.

The layoffs constitute approximately 2 percent of Netflix’s U.S. workforce and cut across all departments, according to Variety.

A company representative explained that the cross-department layoffs are not a result of employee performance, but rather an effort to reduce costs following slow growth in the first quarter.

“As we explained [in reporting Q1] earnings, our slowing revenue growth means we are also having to slow our cost growth as a company,” the representative said in an email, according to Variety.

“So sadly, we are letting around 150 employees go today, mostly U.S.-based. These changes are primarily driven by business needs rather than individual performance, which makes them especially tough as none of us want to say goodbye to such great colleagues. We’re working hard to support them through this very difficult transition.”

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https://www.westernjournal.com/struggling-netflix-announces-major-layoffs-cancels-woke-projects-like-antiracist-baby/?utm_source=Email&utm_medium=newsletter-WJ&utm_campaign=dailyam&utm_content=western-journal&ats_es=57139bde57e070d7cce67b2f02003c45

Power to women!

Netflix lost 200,000 subscribers in the first quarter of 2022 and is expected to lose an additional 2 million by the end of Q2, according to a letter from the company to its shareholders.

Netflix is run by a bunch of "woke" women who apparently don't know the difference between fad, fashion, progress and politics*.

*I just threw the term "woke" in there, no idea what it means, but we are in a time when nobody understands anyone, gender has no relevance, and nothing means anything, really, and they're still excavating the very deep hole in order to reset the bar.