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So sadly, we are letting around 150 employees go today, mostly U.S.-based.
The Netflix spokesperson said the company is working hard to support those laid off through this very difficult transition.
Vulture has reached out for a statement.
The layoffs follow those in theanimationdivision andat Tudumin response to plummeting stock prices.
What itwontbe doing any time soonis expanding its content offerings.
Budget cuts have yet to win back shareholders.
