Netflix Layoffs Underway, Streamer Eliminating About 1,000 Jobs, 6% Of Its Workforce
Netflix has initiated a major round of layoffs today, cutting about 6% of its staff or some 1,000 jobs in its biggest round of job cuts in four years, the WSJ reported today. The cuts were expected as the company faces slower growth and competition. Co-CEOs Ted Sarandos and Greg Peters unveiled the move in […]