Netflix sacks 150 staff as streaming giant records drop in profits and subscribers - ABC News

Netflix says it laid off about 2 per cent of its staff in a belt-tightening move after growth slowed at the once-booming streaming television service.

Netflix on Tuesday said it had sacked about 2 per cent of its staff in a belt-tightening move after growth slowed at the once-booming streaming television service. Key points:

• The majority … [+2756 chars]
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