FinanceET Techabout 2 hours ago
Netflix Cuts 6 Percent of Workforce
3 min read
Netflix announced its biggest layoffs to date, cutting 6 percent of its workforce or about 1000 jobs. Co-CEOs Ted Sarandos and Greg Peters revealed the plan on Wednesday morning, impacting product, technology, legal and HR teams. The move comes days before the company reports quarterly results on October 20.
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