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Netflix Is Cutting About 1,000 Jobs and Its Content Chief Is Out, Days Before Earnings

Source: 247wallst.com

Media & EntertainmentManagement & GovernanceCompany Fundamentals
Netflix Is Cutting About 1,000 Jobs and Its Content Chief Is Out, Days Before Earnings

Netflix cut 6% of its workforce and replaced its content chief days before a major earnings report. The article says the executive Sarandos selected signals a sharp shift in how the company plans to compete, but provides no further details or financial figures.

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