Are Netflix's 2,000 Employees In Jeopardy?

Updated
Netflix may cut jobs
Netflix may cut jobs

Netflix's restructuring wasn't supposed to end like this.

The Los Gatos, Calif.-based mail-order and online video service has a history of home runs. Founded in 1997, the idea of launching an online video rental service turned out to be an instant success. Netflix went public in 2002 with a subscriber base of 600,000, according to a report by TheNew York Times.

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