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Netflix layoffs hit TV executives including 4 directors

Netflix has carried out a new round of layoffs affecting television executives, with four directors reported to be among those leaving. The cuts hit the company's TV division specifically, adding to a series of workforce reductions at the streaming company as it works to rein in costs. Details on which teams or regions were most affected have not been made clear.

Why now: Netflix's ongoing cost-cutting and repeated rounds of layoffs are drawing close attention across the entertainment industry

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