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Season 3, Episode 8: Netflix (Part 1)
Acquired
Navigating Tough Decisions in Business
In a tough business decision, Netflix had to lay off forty percent of their employees. This decision came after they couldn't offload a particular business aspect, unlike Blockbuster, which created tension with franchise owners. The layoffs were sudden, with an immediate announcement during a company meeting, resulting in a challenging and uncertain work environment for the remaining employees.
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