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Netflix can’t fire its way out of this downward spiral

Image: The Verge

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  • The Verge · October 23, 2026 13:00
    Netflix co-CEOs Ted Sarandos and Greg Peters assured investors this week that they have nothing to be concerned about. Sure, the company was going to lay off 1,000 employees, downsizing its product, tech, and legal departments, and was ousting its chief content officer, film chairman, and film…