Netflix to cut about 1,000 jobs in largest workforce reduction since 2022

Netflix is cutting roughly 1,000 jobs, about 6 percent of its workforce, in its largest staff reduction since 2022.

• Netflix has announced it will cut roughly 1,000 jobs, mainly across product, technology, legal, and human-resources teams.
• The co-CEOs' internal memo told staff Netflix will keep investing in high-impact areas and remains on track to deliver its full-year forecast.
• The reduction is Netflix's largest since 2022, when it cut about 450 jobs after losing subscribers for the first time in more than a decade.