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
- Netflix Eliminates About 1,000 Jobs in Biggest Cuts Since 2022
WSJ Business · · Summary only
- 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
- Netflix to lay off 1,000 staff amid intensifying competition for user attention
TechCrunch · · Full text
- Netflix to cut 1,000 jobs as growth concerns mount
Financial Times · · Summary only
- Netflix to lay off 1,000 staff in steepest cuts since 2022
BBC Business · · Full text
- Netflix, Facing Slowing Growth, Cuts 6% of Its Work Force
NY Times · · Summary only
- Netflix将裁员约1000人 占员工总数的6%
Sina Finance · · Full text