{"id":32492,"date":"2026-10-14T15:33:05","date_gmt":"2026-10-14T15:33:05","guid":{"rendered":"https:\/\/mmaallout.com\/?p=32492"},"modified":"2026-10-14T15:33:05","modified_gmt":"2026-10-14T15:33:05","slug":"netflix-is-laying-off-around-1000-employees","status":"publish","type":"post","link":"https:\/\/mmaallout.com\/?p=32492","title":{"rendered":"Netflix is laying off around 1,000 employees"},"content":{"rendered":"<p><br \/>\n<\/p>\n<p class=\"duet--article--dangerously-set-cms-markup duet--article--standard-paragraph _1044qizi _18mzr4b1 _18mzr4b0 _19wv7tc1\">Today\u2019s layoffs will mostly affect staff in Netflix\u2019s product, technology, human resources, and legal teams, according to today\u2019s memo. \u201cOur mission \u2014 to entertain the world \u2014 is ambitious, and delivering on it requires us to be disciplined about where we prioritize our people and resources,\u201d said the CEOs. \u201cWe\u2019ll continue to invest aggressively in high-impact areas to improve our service and further drive growth and innovation. Doing that means making focused choices across the business so we can keep delivering for our members, partners, employees, and investors.\u201d<\/p>\n<p class=\"duet--article--dangerously-set-cms-markup duet--article--standard-paragraph _1044qizi _18mzr4b1 _18mzr4b0 _19wv7tc1\">Netflix\u2019s revenue increased to $45.2 billion in 2025 while its net income increase to $11 billion from 325 million subscribers. From 2024 to 2025 the streamer\u2019s advertising business also more than doubled its revenue to $1.5 billion as a result of continued growth of its $7.99 per month ad-supported plan that had over 9.4 million subscribers as of May 2025.<\/p>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.theverge.com\/tech\/1011058\/netflix-layoff-six-percent-thousand-employees\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Today\u2019s layoffs will mostly affect staff in Netflix\u2019s product, technology, human resources, and legal teams, according to today\u2019s memo. \u201cOur mission \u2014 to entertain the world \u2014 is ambitious, and delivering on it requires us to be disciplined about where we prioritize our people and resources,\u201d said the CEOs. \u201cWe\u2019ll continue to invest aggressively in<\/p>\n","protected":false},"author":1,"featured_media":32493,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[11920,8400,333],"class_list":["post-32492","post","type-post","status-publish","format-standard","has-post-thumbnail","category-gear","tag-employees","tag-laying","tag-netflix"],"_links":{"self":[{"href":"https:\/\/mmaallout.com\/index.php?rest_route=\/wp\/v2\/posts\/32492","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mmaallout.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mmaallout.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mmaallout.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mmaallout.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=32492"}],"version-history":[{"count":0,"href":"https:\/\/mmaallout.com\/index.php?rest_route=\/wp\/v2\/posts\/32492\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mmaallout.com\/index.php?rest_route=\/wp\/v2\/media\/32493"}],"wp:attachment":[{"href":"https:\/\/mmaallout.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32492"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mmaallout.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32492"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mmaallout.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32492"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}