Netflix cuts about 1,000 employees; CEOs announced layoffs on 14th
Key takeaways
- About 1,000 employees cut — roughly 6% of global staff
- Layoff announcement sent by Ted Sarandos and Greg Peters on the 14th
- Next Games was acquired by Netflix in 2022; at least one Next Games HR staffer left
Netflix said it will cut roughly 1,000 people — about 6% of its global workforce — in a company-wide reduction announced by co‑CEOs Ted Sarandos and Greg Peters in an internal email on the 14th (local time). The memo named product, technology, legal and people (HR) teams as the areas hit hardest.
The layoff ripple reached Netflix’s game unit: Licia Prehn, an HR staffer at Next Games, posted on LinkedIn that she is leaving the studio and searching for new work. Netflix bought Finnish mobile studio Next Games in 2022; the company has not published overall layoff numbers for its games organization or for Next Games specifically.
Why it matters
Takeaway: Netflix’s internal memo pinpoints product, tech, legal and HR as primary targets, and at least one Next Games HR departure is publicly confirmed, but the exact scale of cuts inside the gaming arm remains undisclosed.
Original source
Google News: Inven Korea
