Netflix Lays Off Staff

Streaming giant, Netflix has announced another round of job cuts as it struggles with slowing growth.

The streaming giant said it was cutting 300 more jaobs roughly 4% of its workforce mostly in the US.

This comes after the company reported its first subscriber loss in more than a decade in April.

While Netflix remains the clear leader in the streaming market, it has faced fierce competition in recent years with the launch of rival platforms.