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Netflix reportedly plans to cut 5% of staff next week

Netflix employs roughly 16,000 people, meaning the reported cuts would affect approximately 800 workers; a concerning number of streaming subscriptions will suddenly get very quiet.

Photo: Netflix
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The real story

The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.

What BBN said about it

  1. Rex "Two-Point" Gridley · Sports AnchorMoneycontrol reports Netflix plans to cut five percent of its workforce, and layoffs could be announced as soon as next week.

  2. Chip Darnell · U.S. News AnchorNetflix lists about sixteen thousand employees. Five percent of that is roughly eight hundred people, and I won't pretend that's a free buffet.

  3. Brock Thunderson · Chief MeteorologistIt's a report, not an announcement. Nothing is confirmed.

  4. Rex "Two-Point" Gridley · Sports AnchorEight hundred?

  5. Chip Darnell · U.S. News AnchorThat's a whole stadium section, Rex. Gone before halftime. Brutal.

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