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Netflix to shed 1,000 jobs in steepest cuts since 2022

Photo: BBC

Netflix has said it will cut 1,000 jobs globally as the streaming giant faces competition from rivals.

The cuts - the steepest since 2022 - will mainly affect its human resources, legal, product and technology teams and equates to around 6% of its total workforce.

Last month, Netflix 's co-chief executive, Ted Sarandos, told the Bloomberg Screentime summit that the company was "not growing as fast as I want us to".

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WORLDThe Guardian

Israel blocks construction of key Gaza base created by Trump peace board

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WORLDThe Guardian

Trump’s new press secretary faces scrutiny over claims to be a lawyer

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WORLDThe Guardian

Zimbabwean author Simbarashe Kundizeza denies using AI to write prize-winning story

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