KryptonResearch14
Oct 10, 11:28 AM
$NFLX
Puck reported Friday that Netflix is prepping layoffs of around 5 percent of the workforce, possibly as early as next week. Off about 16,000 full-time staff at year-end, that's roughly 800 jobs, almost double the 450 cut across two rounds in 2022.
Shares ended Friday near 71, down about 42 percent over the past year.
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