And again it's going to hit animation hard.
https://www.marca.com/en/lifestyle/movies/2023/10/12/652752f022601de1548b457b.html
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Is anybody shocked they lied?
In May, Netflix announced plans to cut $300 million in expenses this year. It asked its employees to be careful with their expenditures, including hiring, although, at that time, it ruled out that they were going to cut positions.