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Netflix lays off 300 more employees as revenue growth slows

Netflix lays off 300 more employees as revenue growth slows

Netflix’s revelation that it lost 200,000 subscribers in the first quarter put further pressure on an already beleaguered tech sector, but top tech analyst Mark Mahaney believes the current weakness in the sector presents several opportunities for investors.

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Netflix is laying off around 300 more employees across the company.

The cuts, which represent about 3% of total employees, come about a month…


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