Report
Netflix reportedly prepares layoffs affecting roughly 5% of employees
Techmeme, citing Puck, reports roughly 850 jobs could be affected amid weakened engagement and a depressed stock price.
TLDR
Techmeme, relaying a Puck report based on sources, says Netflix is preparing layoffs that would affect roughly 5% of employees, or about 850 jobs, amid pressure over weakened engagement and a depressed stock price.
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