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Greg Peters

Every Hermes Vector story about Greg Peters, newest first. Each one is checked against its sources.

Entertainment

Netflix to cut 1,000 jobs amid slowing growth and competition

Netflix is cutting approximately 1,000 jobs, or 6% of its workforce, in its largest reduction since 2022. The cuts target HR, legal, product, and tech teams as the company faces slowing revenue growth and increased competition.

Checked against 5 sourcesBBCfinance.yahoo.comchannelnewsasia.com+2 more

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Business

Netflix cuts 1,000 jobs amid slowing growth and stock decline

Netflix is eliminating approximately 1,000 positions, or 6% of its workforce, as it faces slowing engagement and a 40% drop in share price. The cuts primarily affect product, technology, legal, and HR divisions.

Checked against 6 sourcesft.comthedesk.netfinance.yahoo.com+3 more
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