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

AI-generated briefing · First published

Cuts mainly hit product, tech, legal and HR teams as growth slows and shares fall over 40%.

Netflix will cut about 1,000 jobs globally, 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]

Co-CEOs Ted Sarandos and Greg Peters told staff the company remains on track to meet its full-year forecast and will continue investing in high-impact areas. [3] [5] [7]

The move follows a failed bid for Warner Bros. Discovery assets and rising competition from YouTube and TikTok for viewer attention. [2] [3] [5]

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

    Financial Times · · Summary only

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

    BBC Business · · Full text

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

    NY Times · · Summary only

  7. Netflix将裁员约1000人 占员工总数的6%

    Sina Finance · · Full text

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