Netflix to fire 1,000 employees in biggest layoffs since 2022

Netflix is cutting about 6% of its ​workforce, or roughly 1,000 jobs, in its biggest round ‌of layoffs since 2022, the Wall Street Journal reported. The job cuts are expected across its product, technology, legal and human resources teams. Notably, Netflix lost out to Paramount Skydance in bidding war ​for Warner Bros. Discovery's streaming and ​studio ⁠assets earlier this year.