Netflix cuts about 6% of jobs
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Netflix snaps up 2030 World Cup in Spain
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Netflix TV Executives Lisa Lang McMullen, James Oh, Carolina Garcia and Andrew McQuinn Among Layoffs
Netflix co-CEOs Ted Sarandos and Greg Peters announced the staff reduction via email this morning.
Netflix's big worry isn't other streamers like HBO, but mega tech platforms like YouTube and TikTok.
Netflix TV layoffs have been revealed, including original series director Carolina Garcia, who exits after 10 years at the streamer.
The exec had been at the streaming giant since 2024, when he was hired by film chief Dan Lin.
The streamer’s share price is down more than 40 percent over the last year as the company has struggled with stalling engagement.
Netflix is entering uncharted territory by reporting box office figures for the first time on its awards hopeful 'La Bola Negra.'
Doug Belgrad is departing Netflix where he has been VP of Film for two years. His exit is part of the major layoffs at the streamer today.
Netflix is only laying off 6% of its workforce now. Here's a look back at the defining cuts for the company, in 2022 and 2001.