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Netflix cuts 150 jobs after subscriber slump, revenue slowdown — Netflix on Tuesday announced it was cutting 150 jobs amid a slowdown in revenue and a decline in subscribers that has shaken the entertainment industry. The company did not say what departments would be affected by the cuts, though most of the job losses are in the U.S. Netflix is rethinking its business model, which long capitalized on providing a large volume of content that was commercial free for a premium price of $15.49 a month for a standard subscription.