Netflix to Cut Nearly 1,000 Jobs as Streaming Competition Intensifies After Warner Bros. Bid Loss

Netflix is laying off nearly 1,000 employees, representing about 6% of its workforce, as the streaming giant reassesses its staffing priorities amid intensifying competition for viewers and the loss of a prolonged bidding battle for Warner Bros. Discovery’s streaming and studio assets. The company confirmed the job cuts to TechCrunch, saying most would affect its […]

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