Netflix lays off 150 employees

Netflix is restructuring amidst a revenue slowdown. It’s cut 2 per cent of its workforce or 150 jobs. Most of the jobs being slashed are in its California office.

The company says it’s due to declining revenue and not individual performance.

It comes as the streaming service announced a loss of 200,000 subscribers since the end of last year.
Netflix recently said it plans to charge users in some countries for password-sharing.

Source: eNCA

In other news – Somhale was a rehearsal: Somizi Mhlongo mocks marriage with Mohale

South African media personality, Somizi Mhlongo has mocked his marriage again with Mohale.

The media personality who is currently embroiled in a nasty divorce saga with his estranged husband Mohale Motaung, has shared that he would like to get married again. Learn more