Business
Netflix Profitable but Cutting Jobs Amid Revenue Growth
Despite a $11 billion net profit and 16% revenue growth, Netflix is cutting jobs and ousting its top content executive. The company aims to boost operating margin by 200 basis points while projecting slower revenue growth this year.
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Variety
In 2025, Netflix notched a net profit of $11 billion on a 16% increase in revenue, to $46.6 billion. It expects revenue growth to cool off this year, projecting an increase of 13%-14%, while the streamer is aiming to boost operating margin by 200 basis points, to 31.5%. It has a healthy balance shee
2026-10-16 12:15 UTC