Yhn BusinessBusiness first seen 3 d ago, last 21 min ago, peak #6
Netflix plans to cut 5% of its workforce
Netflix is planning to lay off roughly 5% of its workforce, according to a report by Puck News picked up by Reuters. The news spread quickly online, drawing discussion about the scale of the cuts and what they signal about cost discipline at the streaming company. No details on which departments will be affected have been confirmed by the company.
Why now: Layoff news at one of the world's largest streaming companies prompts debate about the health of the tech and media sector.
Rank over time, top of the chart is #1. 9 snapshots from 11 h ago to 21 min ago.
Evidence
- Netflix plans to cut 5% of its workforce · theanonymousone · 35
API: https://socialmediatrends-api.osmike.com/v1/trends/1655236