Streaming company faces ⁠tough competition for viewers and engagement ⁠from legacy rivals ​and YouTube Netflix is laying off 6% of its workforce, ⁠or roughly 1,000 employees, in its biggest cuts since 2022, according to an internal memo seen by Reuters, as the streaming pioneer faces ⁠tough compe...

Source: [Guardian International](https://www.theguardian.com/media/2026/oct/14/netflix-job-layoffs-streaming)

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