Netflix Revenue Growth Slows to Its Lowest in Years
Netflix reported revenue of $12.9 billion, up 12% year over year, its slowest growth in years. The company is working to spur viewing time while cutting staff and overhauling its leadership team.
Netflix posted its weakest revenue growth in years, saying it is trying to increase viewing time while reducing staff and restructuring its leadership team. Revenue was $12.9 billion, a 12% increase from the same period a year earlier. That marked the company's lowest…