Nolte: Netflix Experiences Its Largest Layoffs Ever

Nolte: Netflix Experiences Its Largest Layoffs Ever

Netflix Announces Major Layoffs Netflix revealed this week that it will lay off around 1,000 employees, equating to about six percent of its 16,000 total staff. This marks a significant increase from last year’s largest layoff, which involved 450 job cuts. In a memo to all employees, co-CEOs Ted Sarandos and Greg Peters stated, “We […]