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Wajeeh Khan

NFLX Stock Layoffs: What to Know About the Latest Netflix Job Cuts

Netflix NFLX Layoffs Barchart

Netflix (NFLX) shares inched down on Oct. 14 after the streaming company revealed plans to eliminate about 1,000 jobs, representing 6% of its global workforce. These layoffs mark Netflix's largest since 2022 and come as investors question its ability to sustain growth. Management, however, said the giant remains on course to meet its full-year forecast.

Versus its year-to-date high, Netflix stock is down more than 35% at the time of writing.

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Police officer accused of taking over dead man’s home and stealing his identity so he could renovate it

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The Guardian - US

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Putin Directly Ordered a Stepped-Up Sabotage Campaign Against NATO Countries This Year: Report

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