Netflix to cut 1,000 jobs, 6% of staff, in biggest cuts since 2022

AI-generated briefing · First published

Netflix is laying off about 1,000 employees globally, or 6% of its workforce, mainly in product, tech, legal and HR teams.

Netflix announced it will cut about 1,000 jobs, or 6% of its workforce, the largest round since 2022, mainly affecting product, technology, legal and human resources departments. [1] [2] [3] [4] [5] [6] [7] [8]

Co-CEOs Ted Sarandos and Greg Peters said the company remains on track to meet its full-year forecast and will continue investing in high-impact areas. [3] [4] [6] [7]

The cuts follow a failed bid for Warner Bros. Discovery assets and come amid slowing growth and competition from YouTube and TikTok. [2] [3] [7]

Sources

  1. Netflix Eliminates About 1,000 Jobs in Biggest Cuts Since 2022

    WSJ Business · · Summary only

  2. 2022 年以来最大一轮裁员:Netflix 宣布全球裁员约 6%,涉及约 1000 个岗位

    ITHome · · Summary only

  3. Netflix to lay off 1,000 staff amid intensifying competition for user attention

    TechCrunch · · Full text

  4. 奈飞将在全球裁减6%员工 增长放缓压力显现

    Sina Finance · · Full text

  5. Netflix to cut 1,000 jobs as growth concerns mount

    Financial Times · · Summary only

  6. 奈飞将裁员约6%

    Sina Finance · · Full text

  7. Netflix to lay off 1,000 staff in steepest cuts since 2022

    BBC Business · · Full text

  8. Netflix, Facing Slowing Growth, Cuts 6% of Its Work Force

    NY Times · · Summary only

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