🌍 WorldThe VergeFriday, October 23, 2026 at 1:00 PM UTC1h ago

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

Photo: The Verge

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 vice

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Originally published by The Verge. Summary and curation by DutyStation News.

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

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