Netflix Lays Off About 150 Employees, 2% of Workforce, Amid Revenue Slowdown

Netflix has pink-slipped about 150 staffers, mostly in the U.S., as it works to rein in costs with its top-line growth having slowed down. The cuts come across departments and are driven by the need to reduce expenses rather than the performance of individual employees, according to the company. The layoffs represent roughly 2% of […]