(AOF) – Netflix rose 1.6% in after-hours trading, the video-on-demand platform having announced that it had recruited two Snap social network executives, Jeremi Gorman and Peter Naylor, to help it with its new offer. ad-supported subscription. In addition, Snap, the parent company of the popular messaging application Snapchat, was heckled on the New York Stock Exchange after press reports suggesting the possible elimination of around 20% of its workforce, or more than 1,200 employees.
According to the specialized site The Verge, which cites close sources, the layoffs will begin in the coming days in the company which had just over 6,400 employees at the end of June.