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Reed Hastings says he learned why companies aren’t families after laying off one-third of Netflix: ‘You would never lay off two of your kids’

https://fortune.com/2026/08/18/netflix-cofounder-reed-hastings-companies-arent-families-layoffs-possible-for-high-performance-led-to-billion-dollar-success/
Elite companies can’t operate like families, according to Netflix’s Reed Hastings—a mindset that helped turn it into a $315 billion entertainment giant…

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