Netflix is laying off around 1,000 employees
Following a report last week that Netflix was planning to lay off five percent of the company, today the streamer's co-CEOs Ted Sarandos and Greg Peters…
The Verge reports that following a report last week that Netflix was planning to lay off five percent of the company, today the streamer's co-CEOs Ted Sarandos and Greg Peters announced in an email that it would actually be laying off six percent of its workforce, or around 1,000 employees, according to Variety, which obtained a copy of the.
This technology story centres on the United States. Names and organisations mentioned in the coverage include Netflix, CEOs Ted Sarandos and Greg Peters.
Why it matters
Changes in the tech sector often reach consumers quickly through the devices, apps and online services they use every day.
Key details
- Location
- United States · Americas
- Reported by
- The Verge
- First reported
- Key names
- Netflix, CEOs Ted Sarandos, Greg Peters, Variety
- Section
- Technology
Sources
This is an independent summary. Read the full, original reporting from the publisher:
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