Netflix Cuts 1,000 Jobs in Its Biggest Layoff Round Since 2022

Netflix will lay off about 1,000 employees, roughly 6% of its global workforce, as growth and subscriber interest slow. Co-CEOs Ted Sarandos and Greg Peters announced the cuts in an internal memo on Wednesday. Product, legal, technology, and human resources teams are hit hardest. The Wall Street Journal reports it is the company’s biggest round … Continue reading Netflix Cuts 1,000 Jobs in Its Biggest Layoff Round Since 2022