July 26, 2022
July 26, 2022
Shopify laying off 10% of staff as explosive pandemic growth fizzles
Affected staff being notified today
Netflix, Inc. is an American over-the-top media services provider, headquartered in Los Gatos, California. Founded in 1997 by Reed Hastings and Marc Randolph in Scotts Valley, California, the company's primary business is its subscription-based streaming service, which offers online streaming of a library of films and television programs including those produced in-house.
Pershing Square has purchased more than 3.1 million shares of the streaming service