Netflix Cuts 6% Staff, Replaces Content Chief in Strategy Reset
Published 1 d ago5 sourcesEvidence: Reported
Netflix co-CEO Ted Sarandos faces a content pipeline shortfall and waning subscriber interest, undermining the company's growth narrative and its $300 billion market value. The report, sourced from Expansión, indicates a structural slowdown in hit production rather than a one-off miss. This matters because Netflix's valuation hinges on sustained subscriber growth, and a prolonged content drought could trigger multiple compression.
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