"Our slowing revenue growth means we are also having to slow our cost growth as a company," the company said in a statement to the media.
The statement underlined that the move was driven by driven by "business needs and not individual performance" of the employees, and that they were working to the fired staff in this period of difficult transition.
The dismissal of these 150 employees, representing two percent of its workforce in the US, reflects a continuing slide in the fortunes of the online platform.
A month ago, its
Since then, the company has decided to terminate the contracts of an unspecified number of workers in Tudum, a website that is part of its conglomerate and where its audiovisual contents are promoted.
In addition, the platform plans to eliminate another 70 temporary jobs in some of its associated animation studios, as well as in the hiring of freelance workers in charge of the group's social networks, according to media reports on Tuesday.
Due to the saturation of the online streaming platform market, experts estimate that
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