Netflix is laying off around 1,000 employees

Following a report past week that Netflix was readying to laic off 5 percent of the company, contiguous the streamer's co-CEOs Ted Sarandos and Greg Peters announced successful an email that it would really beryllium laying disconnected six percent of its workforce, oregon astir 1,000 employees, according to Variety, which obtained a transcript of the memo. That makes this Netflix's largest circular of layoffs truthful far, pursuing the institution cutting 150 jobs successful May 2022, and an additional 300 successful June 2022 successful an effort to trim costs pursuing slower gross growth.

Today's layoffs volition mostly impact unit successful Netflix's product, technology, quality resources, and ineligible teams, acco …

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