Netflix lays off 300 employees in cost-cutting drive
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Netflix lays off 300 employees in cost-cutting drive
Netflix Inc said it laid off 300 employees, or about 4 per cent of its workforce, in the second round of job cuts aimed at lowering costs after the streaming giant lost subscribers for the first time in more than a decade. The move mostly affected its US workforce and came after the company cut 150 jobs last month. "While...
·Singapore
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