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Netflix to Cut 6% of Global Staff, About 1,000 Jobs, WSJ Says

Source: Bloomberg

Corporate Guidance & OutlookCompany FundamentalsMedia & Entertainment

Netflix is reportedly cutting about 1,000 positions, or 6% of its global staff, as it struggles with slowing growth, according to The Wall Street Journal. The report signals workforce reductions amid weaker growth but provides no further financial figures or market reaction.

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