Netflix cuts around 1,000 jobs, 6% of its workforce, in largest layoffs to date
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Netflix is laying off approximately 1,000 employees, representing 6% of its workforce, in its biggest round of cuts to date, the Wall Street Journal first reported. Most affected are staff in the company’s product, technology, legal and HR teams. Co-CEOs Ted Sarandos and Greg Peters announced the layoffs in a Wednesday morning email to employees, saying that delivering on their mission to “entertain the world” requires discipline about where people and resources are prioritized.
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