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Yhn BusinessLabor first seen 4 d ago, last 1 h ago, peak #3

Netflix Lays Off About 1,000 Employees in Biggest Cutbacks Yet

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

Netflix is cutting roughly 6% of its workforce, about 1,000 jobs, in the largest round of layoffs in the company's history. The scale of the cutbacks has drawn widespread attention, with the story circulating widely on forums and prompting discussion about conditions in the streaming and tech sectors, where layoffs have continued even at profitable major companies.

Why now: News of the largest layoffs in Netflix's history is drawing attention amid ongoing concern about job cuts across the tech industry.

Netflix

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