Yhn BusinessBusiness first seen 2 d ago, last 55 min ago, peak #6
Netflix plans to cut 5% of its workforce
Netflix is reportedly planning to cut about 5% of its workforce, according to a report picked up by Reuters. The layoffs would affect staff across the streaming company as it continues efforts to rein in costs after recent rounds of restructuring. Details on which divisions will be hit have not been confirmed by the company.
Why now: Reports of fresh layoffs at a major employer in the tech and streaming sector are drawing broad attention.
Evidence
- Netflix plans to cut 5% of its workforce · theanonymousone · 35
API: https://socialmediatrends-api.osmike.com/v1/trends/1655236