Netflix Lays Off 150 Employees as It Struggles With Subscriptions - The New York Times

“Our slowing revenue growth means we are also having to slow our cost growth as a company,” the company said in a statement.

Following Netflixs announcement last month that it lost subscribers for the first time in a decade, the streaming behemoth said Tuesday that it was laying off some 150 people across the company, prim… [+959 chars]

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