Netflix announces layoffs ‘driven by business needs’, Apple suspends in-office work requirement, and more

Hi there, comms connoisseurs.

Let’s explore some notable stories from May 16-20, 2022 — and pull out a few timely, tactical takeaways along the way:

1. What Netflix’s downsizing approach says about layoff communications

Netflix announced this week that it would cut around 150 jobs, mostly in the U.S., to address declining revenue and subscriber numbers.

The L.A. Times reports:

“As we explained on earnings, our slowing revenue growth means we are also having to slow our cost growth as a company,” a Netflix spokesperson said in a statement. “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.”