Netflix is laying off around 1,000 employees
Netflix layoffs
Covered by 4 sources
- Inc Magazine·10h agoNetflix Is Cutting 6% of Its Workforce Despite Growing Revenue. Here’s Why Experts Aren’t Surprised
Experts say the layoffs look less like traditional downsizing and more like a major reallocation of resources.
Read at Inc Magazine → - The West Business·12h agoStreaming giant Netflix to cut six per cent of workers
Netflix plans to cut six per cent of its employees, or roughly 1000 workers, as part of wider organisational changes.
Read at The West Business → - The Verge·15h agoNetflix is laying off around 1,000 employees
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 employees, according…
Read at The Verge → - Guardian International·15h agoNetflix to lay off about 1,000 employees in biggest cuts since 2022
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 streaming pioneer…
Read at Guardian International →
