Netflix to lay off 1,000 staff in steepest cuts since 2022
- Netflix has said it will cut 1,000 jobs globally as the streaming giant faces competition from rivals.
- The cuts - the steepest since 2022 - will mainly affect its human resources, legal, product and technology teams and equates to around 6% of its total workforce.
- Last month, Netflix 's co-chief executive, Ted Sarandos, told the Bloomberg Screentime summit that the company was "not growing as fast as I want us to".
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- Netflix has said it will cut 1,000 jobs globally as the streaming giant faces competition from rivals.
- The cuts - the steepest since 2022 - will mainly affect its human resources, legal, product and technology teams and equates to around 6% of its total workforce.
- Last month, Netflix 's co-chief executive, Ted Sarandos, told the Bloomberg Screentime summit that the company was "not growing as fast as I want us to".
Sources: BBC News