Saturday, 10 October, 2026
Streaming Slowdown: Netflix Eyes Massive 850-Job Layoff Wave
By TechShots Studio
Facing cooling subscriber growth and rising corporate overheads, Netflix is reportedly preparing to cut about 5% of its global workforce, amounting to roughly 850 jobs. The potential layoffs—its largest since 2022—come on the heels of Co-CEO Ted Sarandos acknowledging slower-than-desired growth, aiming to realign operational costs ahead of upcoming quarterly earnings.
Read full story at TIMES OF INDIA