Netflix Lays Off About 150 Employees, Mostly in the US

Netflix Lays Off About 150 Employees, Mostly in the US
The logo of the Netflix streaming service provider in Paris on Sept.15, 2014. Gonzalo Fuentes/Reuters
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Netflix on Tuesday said it has laid off about 150 people, mostly in the United States, as the streaming service company faces slowing growth.

The layoffs represent approximately 2 percent of the company’s workforce in the United States and Canada.