Beijing time on May 18 news, after releasing disappointing first-quarter results,Streaming video giant Netflix decides to cut 150 jobs, citing “slower revenue growth”. last quarter,Netflix loses about 200,000 subscribers, suffers first decline in more than a decade.
▲ Netflix
People familiar with the matter said,The layoffs include at least 26 employees working for its fan site Tudum, which is a supplement to Netflix’s content. Before the latest round of layoffs, Netflix fired about 25 marketers, including nearly 12 who worked at Tudum. The 26 employees who were fired on Tuesday learned of the news through a mass email.
Netflix confirmed,Most of the employees affected by the layoffs are in the U.S.. Netflix spokeswoman Erika Masonhall said in a statement:Layoffs are largely due to financial concerns, not performance.
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