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Netflix plans to cut 1,000 jobs worldwide

Netflix is planning to lay off around 1,000 employees globally, equivalent to about 6% of its total workforce. The cuts would be the streaming company’s steepest since 2022.

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Netflix is planning to cut around 1,000 jobs worldwide, in what would be the streaming company’s largest round of redundancies since 2022.

The planned layoffs represent approximately 6% of Netflix’s total global workforce. The affected employees and locations have not been specified in the supplied information.

The reductions mark the latest significant workforce cuts by the streaming giant and would be its steepest since 2022. No further details about the timing of the layoffs, the reasons for the decision or any response from the company have been provided.

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