Yhn BusinessLabor first seen 6 d ago, last 36 min ago, peak #2
Netflix lays off roughly 6% of its workforce
Original: Netflix is laying off roughly 6% of its workforce
Netflix is cutting roughly 6% of its workforce, according to CNBC. The layoffs affect employees across the streaming company as it trims costs. The news is drawing broad attention and discussion about conditions in the tech and media industry, where several large companies have reduced staff in recent years. Details on which teams or regions are most affected were not included in the initial report.
Why now: Major layoffs at one of the world's largest streaming companies raise concerns about job security and cost-cutting across the tech and media sector.
Evidence
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