Netflix announced plans to lay off 6 percent of its workforce, marking the largest round of job cuts in recent years. The company's product, technology, legal, and human resources teams are expected to be the most affected by these layoffs, as stated in a memo from co-CEOs Greg Peters and Ted Sarandos.
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Netflix to Lay Off 6 Percent of Workforce, Largest Job Cuts in Recent Years
Netflix is set to reduce its workforce by 6 percent, which represents the largest job cuts the company has made in years. The layoffs will primarily impact the product, technology, legal, and human resources teams, according to a memo from the co-CEOs.
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Netflix laying off 6 percent of its workforce, marking biggest round of job cuts in years
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Netflix to Lay Off 6 Percent of Workforce, Largest Job Cuts in Recent Years