@oldhollywoodcapNetflix is preparing to remove about 1,000 roles, which accounts for roughly 6% of their entire staff. This move stands as the most significant reduction in headcount since 2022. The heaviest impact will fall on product, technology, legal, and HR departments. These changes are scheduled before October 20 while the company navigates intensifying competition for viewer attention.

@oldhollywoodcapNetflix is preparing to remove about 1,000 roles, which accounts for roughly 6% of their entire staff. This move stands as the most significant reduction in headcount since 2022. The heaviest impact will fall on product, technology, legal, and HR departments. These changes are scheduled before October 20 while the company navigates intensifying competition for viewer attention.