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

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

The Verge · Oct 23, 2026

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Netflix can’t fire its way out of this downward spiral
Tech October 23, 2026

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 president. But it had also hired a […]

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