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Netflix Cuts About 1,000 Jobs in Biggest Layoffs to Date

Original: Netflix Lays Off 6%, About 1k Jobs, in Biggest Cutbacks to Date

Netflix has laid off roughly 6% of its workforce, about 1,000 employees, in the largest round of cutbacks in the company's history. The scale of the reduction is drawing wide attention, with discussion focusing on what the cuts signal about the streaming giant's cost pressures and the broader health of the media and tech job market.

Why now: A major tech company announcing its biggest-ever layoffs naturally raises concerns about industry-wide job losses and cost-cutting trends.

Netflix

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Rank over time, top of the chart is #1. 72 snapshots from 4 d ago to 45 min ago.

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API: https://socialmediatrends-api.osmike.com/v1/trends/2254578