IT News on October 11th: According to a report by Puck News on October 9th local time, well-known Hollywood insider reporter Matthew Belloni ( Matthew Belloni ) cited sources stating that Netflix will carry out layoffs.
It is reported that as part of the company's restructuring, this adjustment will affect approximately 5% of the employees, and it may be officially announced as early as next week. Netflix The official spokesperson refused to comment on this.
Netflix has approximately 17,000 employees worldwide, which means that a 5% layoff will directly result in the reduction of around 850 positions. Since failing to bid for Warner Bros. last year, coupled with a slowdown in platform user activity, Netflix's stock price has been under considerable pressure.
IT noticed that the last major round of layoffs at Netflix dates back to 2022 – at that time, the company cut about 150 positions due to a slowdown in business growth and a loss of subscribed users, which accounted for approximately 2% of the total workforce at that time.
