Netflix
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Belloni says Netflix is about to cut about 5 percent. That is roughly 850 jobs on a 17,000 headcount. A rep declined to comment. The announcement could land next week. The keeper test did not move.
- x · Oct 9 Belloni: Netflix is about to lay off about 5 percent of the company. Puck link.
- web · Oct 9 Puck: sources. Restructuring about 5 percent, could be announced as early as next week. About 17,000 employees, about 850 jobs. Rep declined to comment. Pressure is weakened engagement and a depressed stock.
- x · Oct 9 LiveSquawk: headline retell of the Puck cut. No company confirmation on the tape.
Public posts, indexed. Not a work-email tick. Not Glassdoor. Netflix on Working.