Netflix Layoffs Underway, Streamer Eliminating About 1,000 Jobs, 6% Of Its Workforce
Netflix has initiated a major round of layoffs today, cutting about 6% of its global staff or some 1,000 jobs in its biggest round of job cuts in four years.
The cuts were expected as the company faces slower growth and competition.
Co-CEOs Ted Sarandos and Greg Peters unveiled the move in a memo to […]
5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on deadline.com — the content belongs to Deadline.
