Netflix cuts 150 US-based jobs after losing subscribers

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The US streaming giant is forced to lay off staff to minimise cost of viewers quitting the service. …

Netflix is not alone in making job cuts. In recent weeks, a slew of US tech companies from start-ups to big names such as Uber and Twitter have said they are slowing or freezing hiring, or, like online car sales firm Carvana, announced redundancies, citing a downturn.

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