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The Independent UK

National

Wyatte Grantham-Philips

Netflix is laying off 6% of its workforce, in biggest round of job cuts at streaming giant in years

Netflix Streaming Layoffs Greg Peters Ted Sarandos

Netflix Layoffs - (Copyright 2022 The Associated Press. All rights reserved.)

Netflix plans to lay off about 6% of its workforce, amounting to nearly 1,000 positions, as the streaming giant makes wider “organizational changes.”

Co-CEOs Greg Peters and Ted Sarandos announced the job cuts in a memo to employees Wednesday. They said the company's product, tech, legal and human resources teams would be the most impacted.

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