EQUIPEngadget · 1h ago
Netflix to lay off roughly 1,000 employees in biggest round of job cuts since 2022
Executive Brief
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Netflix is initiating its largest workforce reduction since 2022, cutting approximately 1,000 positions. The layoffs represent a 6 percent reduction of the streaming company's current global headcount.
- 01Approximately 1,000 employees are impacted in this latest round of corporate restructuring
- 02The total workforce reduction accounts for roughly 6 percent of Netflix's current staff
- 03This action marks the most significant series of job cuts at the firm since 2022
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That's about 6 percent of its current workforce.