Ashton_1nvests
Oct 9, 10:46 PM
Interesting development for
$NFLX today…
Netflix is reportedly preparing to cut around 5% of its workforce, potentially affecting roughly 800 employees.
An announcement could come as soon as next week.
If confirmed, this could help improve operating margins and overall efficiency.
Could be another step toward running a leaner, more profitable business.
I’m bullish on the long-term outlook.
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