"We’ve done a lot to improve performance and consistency in Node streams, but there’s something uniquely powerful about starting from scratch. New streams’ approach embraces modern runtime realities without legacy baggage, and that opens the door to a simpler, performant and more coherent streams model."
The firm said the job cuts should deliver annual savings of around £40m and did not specify when the job cuts would be implemented, but said most of the savings would be made this year.
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