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Netflix cuts about 6% of jobs in biggest layoff since 2022, reports
Netflix is cutting about 6% of its workforce, or roughly 1,000 jobs, in its biggest round of layoffs since 2022, the Wall Street Journal reported on Wednesday, citing an email sent to employees. The streaming giant’s layoffs come as it faces intense competition for users’ time in a consolidated media market. The bulk of the job cuts would be in the streaming giant’s product, tech, legal and human-resources teams, the report said, citing the email to employees by Co-Chief Executives Greg Peters and Ted Sarandoson Wednesday morning. Netflix did not immediately respond to Reuters’ request for com...
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