Netflix Lays Off Close To 150 Employees

Weeks after Netflix reported its first loss in subscribers since 2011, the company has laid off about 150 employees. “As we explained on earnings, our slowing revenue growth means we are also having to slow our cost growth as a company. So sadly, we are letting around 150 employees go today, mostly U.S.-based,” Netflix announced … Continue reading Netflix Lays Off Close To 150 Employees