5news.U.S. news, all in one place

BREAKING

› Dominion still has pending lawsuits against election deniers such as Rudy Giuliani and Sidney Powell › Russia is 'going backwards' in equipment and deploying post WWII-era tanks, according to Western officials › Podcast: One country musician is calling for other artists to oppose assault rifles › Bidets save you money and reduce waste — we tested the best options out there › 50+ products to make your life easier and our planet cleaner › Mother's Day is around the corner. Here are 50+ thoughtful gifts she'll love › A head-to-toe guide of how men should dress this spring, and where they should shop › 42 of the most useful travel products you can buy on Amazon › The 7 best high-yield savings accounts of April 2023 › Taxes are due tomorrow. Here's how to file for an extension › Dominion still has pending lawsuits against election deniers such as Rudy Giuliani and Sidney Powell › Russia is 'going backwards' in equipment and deploying post WWII-era tanks, according to Western officials › Podcast: One country musician is calling for other artists to oppose assault rifles › Bidets save you money and reduce waste — we tested the best options out there › 50+ products to make your life easier and our planet cleaner › Mother's Day is around the corner. Here are 50+ thoughtful gifts she'll love › A head-to-toe guide of how men should dress this spring, and where they should shop › 42 of the most useful travel products you can buy on Amazon › The 7 best high-yield savings accounts of April 2023 › Taxes are due tomorrow. Here's how to file for an extension

Business

Netflix cutting workforce as its revenue growth slows

CBS MoneyWatch · October 14, 2026 at 11:30 AM

The layoffs will affect the company's product, tech, legal and HR teams, Netflix leaders said in a memo to employees.

Read the full article on CBS MoneyWatch ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.cbsnews.com — the content belongs to CBS MoneyWatch.

This story in other outlets

Netflix to lay off roughly 1,000 employees, or 6% of workforce

CNBC · 1 h ago

More from CBS MoneyWatch

Social Security announces cost-of-living increase for 2027

CBS MoneyWatch · 1 h ago

Inflation climbs in September as energy prices soar, CPI report shows

CBS MoneyWatch · 1 h ago

Inflation surged in September as U.S. energy costs jumped

CBS MoneyWatch · 2 h ago

Trump promised to lower prices for Americans. Here's what the data shows.

CBS MoneyWatch · 3 h ago

More in Business

Ukraine warns Starlink limits are disrupting military operations as Russia pounds its energy infrastructure

CNBC · 8 min ago

BlackRock's Larry Fink warns a data center moratorium could trigger a recession

CNBC · 16 min ago

Rising bond yields and higher inflation leave the Fed trapped in a rate-hike dilemma

MarketWatch · 16 min ago

Iran says it’s ‘counting the moments’ until it can strike U.S. warships; Saudi Aramco facilities attacked

CNBC · 17 min ago

CoreWeave shares tumble as bond yields near 15% on concern about AI borrowing binge

CNBC · 18 min ago

Netflix is laying off 6% of its workforce, in its biggest round of job cuts in years

ABC News Money · 18 min ago