Posted On: October 15th 2026, 12:41 am
🚨 Netflix is cutting approximately 6% (approximately 1000) of its employees , primarily affecting its technology, product, legal, and HR departments.
The layoffs come despite Netflix reporting $45.2 billion in revenue and $11 billion in profit in 2025. The company says its business remains strong and continues to grow.
Netflix executives say the cuts will allow the company to focus its resources on future growth and innovation.
What do you think about Netflix cutting jobs while reporting record profits? 👀
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