Netflix can’t fire its way out of this downward spiral
Summary
Netflix is laying off about 1,000 employees while removing several senior leaders in content and film. Executives reassured investors that the company remains healthy, but the cuts point to pressure across product, technology, legal and content operations.
The scale of the layoffs and leadership turnover suggests a strategic problem that cost reductions
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Deep cuts may improve efficiency temporarily, but they risk weakening the capabilities Netflix needs to reverse its slowdown.