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Netflix's Greg Peters Calls Layoffs Hard Tradeoff For Long-Terms Growth

Source: deadline.com

Media & EntertainmentManagement & GovernanceCompany Fundamentals
Netflix's Greg Peters Calls Layoffs Hard Tradeoff For Long-Terms Growth

Netflix co-CEO Greg Peters said the company’s decision to cut 1,000 jobs last week reflects a rapidly changing media landscape. He said the shift requires Netflix to assess where it can trim costs or redirect investment.

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