GoKawiilNetflix lays off about 1,000 employees, its largest cut to date
Netflix co-CEOs Ted Sarandos and Greg Peters confirmed in an internal memo, obtained by Variety, that the company is cutting roughly six percent of its workforce — around 1,000 jobs — mostly in product, technology, human resources, and legal teams. This surpasses earlier rounds of 150 and 300 layoffs in 2022 and follows a report last week suggesting a smaller five percent cut.