Netflix prepares workforce cuts that could affect about 800 employees
An announcement could arrive as early as next week, according to Puck News, as cited by both reports. Netflix had about 16,000 full-time employees at the end of last year, making a 5% reduction equivalent to roughly 800 jobs, according to The Next Web's account.
Covered by 2 publishers within 1 hour of the first report.
Reporting2
Quartz Netflix is planning to cut about 5% of its workforce · Cris Tolomia
The Next Web Netflix prepares layoffs affecting about 5% of staff ahead of Q3 results · Ana Maria Constantin