Economy · World
Netflix Reportedly Planning Significant Workforce Reductions
Netflix is reportedly planning to lay off approximately 5% of its workforce, with some reports indicating the cuts could occur as early as next week. The streaming giant is pursuing new revenue streams, including expansion into live events, podcasts, and games. The company is scheduled to release its quarterly earnings on October 20.
How outlets across the spectrum covered it
L 1 C 3 R 0
- Left (1): Los Angeles Times
- Centre (3): Mint, Reuters, The Times of India