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Netflix to Cut About 1,000 Jobs Across Several Teams

Netflix is laying off about 1,000 employees, primarily in product, technology, legal and human resources, as it prioritizes resources and controls costs.

NFLX

WASHINGTON (dpa-AFX) - Netflix (NFLX) is laying off roughly 6 percent of its workforce, or about 1,000 employees, as the streaming company looks to prioritise resources and control costs. Co-CEOs Ted Sarandos an…