Netflix is laying off 6 per cent of its workforce, in biggest round of job cuts at streaming giant in years

CHICAGO: Netflix plans to lay off about 6% of its workforce, amounting to nearly 1,000 positions, as the streaming giant makes wider “organizational changes.”

Co-CEOs Greg Peters and Ted Sarandos announced the job cuts in a memo to employees Wednesday. They said the company’s product, tech, legal and human resources teams would be the most impacted.