Netflix has started handing out pink slips. The 200,000 subscribers the company lost in the first quarter isn’t very significant but the two million it expects to lose in the 2nd quarter is a real problem. In addition to cutting staff, the streaming giant is also trimming some projects. Variety reports a few of those were projects connected to Ibram Kendi.
Meghan, the content memo, now Kendi, looks like Netflix is waking up.
