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Netflix is laying off 6% of its workforce, in biggest round of job cuts at streaming giant in years

Netflix is laying off 6% of its workforce, in biggest round of job cuts at streaming giant in years
Photo: KSTP 5 Eyewitness News (ABC) · view original

CHICAGO (AP) — Netflix plans to lay off about 6% of its workforce, amounting to nearly 1,000 positions, as the streaming giant makes wider “organizational changes.” Co-CEOs Greg Peters and Ted Sarandos announced the job cuts in a memo to employees Wednesday. They said the company’s product, tech,...

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