revenue

Economy & Business

BUSINESS

Netflix lays off 300 workers amid subscriber losses

The Nomad Today/dpa 6/24/22

In addition to layoffs, Netflix has promised to gain more subscribers by offering a cheaper version with commercials and experimenting with ways to make more money from password sharing

A Netflix user with the TV remote. Photo: Pixabay.

Economy & Business

BUSINESS

Netflix cuts 150 jobs after subscriber slump, revenue slowdown

The Nomad Today/dpa 5/18/22

The company did not say what departments would be affected by the cuts, though most of the job losses are in the US

Nordea bank office in Espoo. Photo: Foreigner.fi.

Finland

BUSINESS

Finnish banks operating profit increased 0.6 billion

The Nomad Today 7/1/21

In the first quarter, banks had 1.4 billion euros in administrative expenses, of which wages and salaries accounted for 0.8 billion

Finland

TAXES

Coronavirus crisis sinks tax revenue from Finnish companies

The Nomad Today 2/3/21

Tax collection from VAT also decreased, while personal income tax collection increased.

Economy & Business

STREAMING

Netflix quarterly earnings shows 25 billion dollars in annual revenue

The Nomad Today/dpa 1/20/21

The platform added a record 37 million paid memberships during the year due to the coronavirus pandemic.

Photograph published last week (10 December) by the Finnish government to celebrate the first anniversary of the Government led by Sanna Marin. Photo: Laura Kotila/Vnk.

Finland

TAX RISE

Finnish economy deficit to remain "substantial" in 2021

The Nomad Today 12/17/20

Authorities say direct tax increases will be needed to finance the imbalance between revenue and expenditure. Public debt relative to GDP will also grow in the coming years and is estimated…