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Netflix Hasn't Cut This Many Jobs Since Its Subscriber Scare. So Why Now?
Source: benzinga.com
Media & EntertainmentCompany FundamentalsManagement & Governance
Netflix is cutting about 6% of its workforce, or roughly 1,000 employees, in its largest round of layoffs since 2022. Most cuts will affect product, tech, legal and human-resources teams, according to an internal memo seen by Reuters.
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