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Netflix cut 1,000 jobs. Here' why and how it impacts your subscription

Executives send memos. Managers schedule calls. Employees who built careers over years find out in a single conversation that their role no longer exists. What happens after that moment matters just as much as the announcement itself. The severance terms, the timeline and the job market workers land in determine what the next chapter actually looks like for the people who were cut. Netflix (NFLX) announced on Oct. 14 that it is cutting roughly 1,000 jobs, about 6% of its global workforce.

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