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Netflix plans to lay off approximately five percent of its employees

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American streaming company Netflix plans to reduce its workforce by approximately five percent. The information appeared in American media, and the company has not yet disclosed details about the scope or timing of the layoffs. hnonline.sk ↗

The measure would affect several parts of the company, but the available information does not indicate which departments or countries are to be affected by the job cuts. It is also not known how many employees could lose their jobs in absolute numbers.

In July, Netflix stated that it expects a further slowdown in revenue growth in the third quarter. The development suggests that the company is adjusting its operations at a time when the pace of growth in the streaming market is gradually changing and competition between platforms remains significant. teraz.sk ↗

In recent years, the company has expanded its offering of series and films while also investing in new ways of gaining subscribers. However, current reports do not provide information on whether the planned layoffs are related to specific projects or to changes in business strategy.

Netflix is expected to announce further details after final decisions have been made. It is not yet clear when the workforce reduction will begin or what impact it will have on the operation of the streaming service.

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