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Netflix Layoffs: NFLX to Cut About 1,000 Jobs, 6% of Workforce, Days Before Third-Quarter Earnings

Netflix Layoffs: NFLX to Cut About 1,000 Jobs, 6% of Workforce, Days Before Third-Quarter Earnings

Netflix told employees on Wednesday that it will let go of roughly 6 percent of its staff, close to 1,000 positions, in its largest round of job cuts in years. The announcement arrives less than a week before the company reports third-quarter results and at a moment when the world’s biggest subscription streamer is under … Read more