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Yhn BusinessLabor first seen 5 d ago, last 3 min ago, peak #2

Netflix lays off roughly 6% of its workforce

Original: Netflix is laying off roughly 6% of its workforce

Netflix is cutting approximately 6% of its employees, according to a CNBC report. The layoffs mark a significant reduction at the streaming company and have drawn attention amid ongoing concern about job cuts across the technology and media industries. Details on which teams are affected or what severance is being offered were not included in the initial reporting.

Why now: Large-scale layoffs at a major streaming company raise concerns about wider job cuts in tech and media.

NetflixCNBC

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