Netflix’s Greg Peters Calls Layoffs Hard Tradeoff For Long-Term Growth

Netflix co-CEO Greg Peters said the giant streamer’s move to cut 1,000 jobs last week reflects a fast changing media landscape that requires hard questions about “where we can trim or redirect how we’re investing.” “We do not take these decisions lightly, but we also believe we have a responsibility to make hard trade-offs in […]

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Source: Deadline.

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