Netflix layoffs on cards? Streaming giant plans to cut 5% of workforce as early as next week, says report – FinSiddhi

Netflix layoffs on cards? Streaming giant plans to cut 5% of workforce as early as next week, says report

Netflix is reportedly preparing to cut about 5% of its workforce. The company has expanded into live events, podcasts and games while pursuing new revenue streams. It is scheduled to report quarterly earnings on October 20.
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