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Yhn BusinessLabor first seen 5 d ago, last just now, peak #2

Netflix lays off roughly 6% of its workforce

Original: Netflix is laying off roughly 6% of its workforce

Netflix is cutting about 6% of its employees, according to a CNBC report. The layoffs affect staff across the streaming company, though the report does not detail which teams or regions are hit hardest. The news is drawing strong discussion online, with readers debating the scale of the cuts and what they signal about the company's direction.

Why now: Large layoffs at a major tech and entertainment company spark concern about the industry and the affected workers.

NetflixCNBC

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