Netflix Gearing Up to Lay Off 5% of Workforce: Report

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Netflix is planning a major round of layoffs coming as soon as next week would cut about 5% of its headcount, according to a new report. The streaming giant plans a significant restructuring that “will impact” about 5% of staffers and “could be announced as early as next week,” according to a report by Puck […]

Source: Variety

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