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Todd Spangler
NY Digital Editor
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Getty Images Netflix is swinging the axe — laying off around 1,000 employees, representing 6% of its workforce, in what is its biggest layoff to date.
Most of the layoffs will affect workers in Netflix’s product, technology, legal and HR teams, co-CEOs Ted Sarandos and Greg Peters wrote in an email to employees Wednesday morning about the layoffs.
“Our mission — to entertain the world — is ambitious, and delivering on it requires us to be disciplined about where we prioritize our people and resources,” the co-CEOs said in the memo, a copy of which was obtained by Variety (read it in full below).
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