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Netflix Hurries to Rewrite Its Narrative With Layoffs and a Sudden Firing

NYT > Business·October 16, 2026
Netflix Hurries to Rewrite Its Narrative With Layoffs and a Sudden Firing

Despite strong revenues and profits, the streaming service cut 1,000 jobs and jettisoned its chief content officer. Drops in the stock price and viewer engagement are to blame.

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