{"id":1043687,"date":"2026-10-15T10:44:57","date_gmt":"2026-10-15T05:14:57","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1043687"},"modified":"2026-10-15T11:16:13","modified_gmt":"2026-10-15T05:46:13","slug":"netflix-is-laying-off-6-of-its-workforce-in-biggest-round-of-job-cuts-at-streaming-giant-in-years","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/10\/15\/netflix-is-laying-off-6-of-its-workforce-in-biggest-round-of-job-cuts-at-streaming-giant-in-years\/","title":{"rendered":"Netflix is laying off 6% of its workforce, in biggest round of job cuts at streaming giant in years"},"content":{"rendered":"<p>Netflix plans to lay off about 6 per cent of its workforce, amounting to nearly 1,000 positions, as the streaming giant makes wider &#8220;organisational changes.&#8221; <\/p>\n<p>Co-CEOs Greg Peters and Ted Sarandos announced the job cuts in a memo to employees on Wednesday. They said the company&#8217;s product, tech, legal and human resources teams would be the most impacted. <\/p>\n<p>&#8220;Decisions like these are never easy, and we don&#8217;t take them lightly,&#8221; Peters and Sarandos wrote in the memo. They maintained business was strong \u2014 but that Netflix needed to be &#8220;disciplined about where we prioritise our people and resources&#8221; as it invests in future growth and &#8220;high impact areas to improve our service.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Netflix plans to lay off about 6 per cent of its workforce, amounting to nearly 1,000 positions, as the streaming giant makes wider &#8220;organisational changes.&#8221; Co-CEOs Greg Peters and Ted Sarandos announced the job cuts in a memo to employees on Wednesday. They said the company&#8217;s product, tech, legal and human resources teams would be the most impacted. &#8220;Decisions like these are never easy, and we don&#8217;t take them lightly,&#8221; Peters and Sarandos wrote in the memo. They maintained business was strong \u2014 but that Netflix needed to be &#8220;disciplined about where we prioritise our people and resources&#8221; as it [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[90,4,24],"tags":[],"class_list":["post-1043687","post","type-post","status-publish","format-standard","hentry","category-broadcasting-the-tribune","category-newspapers","category-the-tribune"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1043687","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1043687"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1043687\/revisions"}],"predecessor-version":[{"id":1043729,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1043687\/revisions\/1043729"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1043687"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1043687"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1043687"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}