Thursday, October 22

Netflix is cutting about 1,000 jobs—the biggest layoffs since 2022—as falling stock prices and investor worries about viewer engagement prompt the streaming giant to double down on video podcasts and sports content, while competition for audience attention remains fierce.

Leadership

Editor's Picks

After three quarters of year-over-year earnings declines, an improved earnings season could finally snap that losing streak. The recent sharp rise in bond yields has provided a potent competitor to stocks, so better earnings could help counter that drag.

Investing

Business

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