Netflix lays off 150 employees amid subscriber losses - Fox Business

5/18/2022 12:00:00 AM2 years 11 months ago
by Tracy Wright
by Tracy Wright
Netflix said layoffs were primarily driven by "business needs" and would affect "mostly U.S.-based' personnel.
Netflix announced 150 employee layoffs on Tuesday nearly one month after reporting its first paid subscriber losses in more than a decade. "As we explained on earnings, our slowing revenue growth me… [+4306 chars]
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