Netflix lays off several hundred more employees

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Netflix’s decision to lay off more employees follows a similar cutting of staff in May and an earlier decline in U.S. subscribers for the first time in over a decade. Mario Tama/Getty Images

Mario Tama/Getty Images

Netflix is laying off roughly 300 more of its employees.

The decision comes shortly after the company laid off 150 employees in May.

“Today we sadly let go of around 300 employees,” a spokesperson said in a statement Thursday.

“While we continue to invest significantly in the

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