Matthew Belloni / Puck:

Sources: Netflix is preparing for layoffs that will impact ~5% of employees, or ~850 jobs, amid pressure over weakened engagement and a depressed stock price  —  Facing pressure over weakened engagement and a depressed stock price, the streamer is prepping for a round of layoffs in the near future, per sources.

Matthew Belloni / Puck:

Sources: Netflix is preparing for layoffs that will impact ~5% of employees, or ~850 jobs, amid pressure over weakened engagement and a depressed stock price  —  Facing pressure over weakened engagement and a depressed stock price, the streamer is prepping for a round of layoffs in the near future, per sources.

Source: TechMeme
Source Link: https://www.techmeme.com/261009/p6#a261009p6