Source: TechCrunch · Published:
Netflix said most of the cuts would affect its product, tech, legal, and human resources departments.
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Following a report last week that Netflix was planning to lay off five percent of the company, today the streamer's co-CEOs Ted Sarandos and Greg Peters announced in an email that it would actually be laying off six percent of its workforce, or around 1,000 em
The Verge · 56 min ago
Streaming company faces tough competition for viewers and engagement from legacy rivals and YouTube Netflix is laying off 6% of its workforce, or roughly 1,000 employees, in its biggest cuts since 2022, according to an internal memo seen by Reuters, as the
Business | The Guardian · 58 min ago
The streaming giant had a slowdown in subscriptions.
BBC News · 18 min ago
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