Memo: Netflix is cutting 6% of its staff, or ~1,000 jobs globally across product, tech, legal, and HR, its biggest layoffs since 2022, amid slowing growth
THE SO WHAT
Cuts across product, tech, legal, and HR—about 1,000 roles—show that even efficient streamers are trimming overhead to match slower subscriber and revenue growth. If your growth curve has flattened, assume markets will prefer decisive restructuring over incremental hiring freezes.
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