(dailycaller.com, 5/18/22) Netflix halted production on several children entertainment projects that were focused to being anti-racist. Netflix had a report in April of massive subscriber cancellations and reportedly 150 employees will be laid off.
The decision is reportedly not a financial one related to costs despite Netflix’s recent report of massive subscriber cancellations in April. Approximately 150 employees will be laid off from Netflix, according to a Tuesday report citing an internal employee email. Netflix had reportedly lost 200,000 subscribers in the first quarter of 2022 and is expected to lose an additional 2 million by the end of the second quarter.