Netflix Cuts 1,000 Jobs! Inside the Streaming Giant’s Massive Layoff Shake-Up
Contains AI
Netflix is cutting approximately 1,000 jobs, representing around 6% of its global workforce, in its biggest round of layoffs since 2022. The decision marks a significant turning point for the streaming giant as it faces intensifying competition, changing viewer habits, and growing pressure to maintain sustainable financial growth.
In this video, we examine why Netflix is restructuring its workforce, which departments are expected to be most affected, and what the decision reveals about the changing economics of the global streaming industry. We explore the challenges posed by…
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