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5 reasons Netflix is struggling as it cuts about 1,000 staffers

Source: businessinsider.com

Media & EntertainmentCompany FundamentalsConsumer Demand & Retail
5 reasons Netflix is struggling as it cuts about 1,000 staffers

Netflix laid off about 1,000 employees on Wednesday, its biggest round of cuts in years, amid slower engagement growth and intensifying competition. The article provides no financial impact or share-price reaction.

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