Netflix to Cut About 1,000 Jobs, Its Biggest Layoffs Since 2022, Ahead of Earnings
Netflix is trending Wednesday after announcing plans to cut about 1,000 jobs, roughly 6% of its workforce, ahead of its Oct. 20 earnings.
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Why It Matters
Netflix is cutting about 1,000 jobs before showing earnings results. When companies cut jobs, watch if they say why, like saving money or changing their plan.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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