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 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 memo. That makes this Netflix's largest round of layoffs so far, following the company cutting 150 jobs in May 2022 , and an additional 300 in June 2022 in an attempt to reduce co