After posting disappointing first quarter results, streaming video giant Netflix decided to cut 150 jobs on the grounds of "slowing revenue growth". Last quarter, Netflix reduced about 200000 subscribers, experiencing the first decline in more than a decade People familiar with the matter said the layoffs included at least 26 employees working for its fan website tudum, which is a supplement to Naifei's content
Before the latest round of layoffs, Naifei laid off about 25 marketing staff, including nearly 12 working in tudum. The 26 employees who were fired on Tuesday learned the news by mass email.
Naifei confirmed that most of the employees affected by the layoffs are in the United States. Naifei spokesman Erika masonhall said in a statement that the layoffs were mainly due to financial problems rather than performance.
