Netflix Cuts About 6% of Jobs In Biggest Layoffs Since 2022
Netflix is laying off about 1,000 employees, or 6% of its workforce, in its largest round of cuts since 2022. The company says its business remains strong, but it is facing growing pressure from YouTube, TikTok, and other rivals. Reuters reports: The bulk of the job cuts would be in Netflix's product, tech, legal and human-resources teams, the email Co-CEOs Greg Peters and Ted Sarandos sent to…
We haven't written up this one. Slashdot has the full story — the link below goes straight to it.
