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October 19, 2026 6:08 pm
Netflix, Facing Slowing Growth, Cuts 6% of Its Work Force

The streamer’s share price is down more than 40 percent over the last year as the company has struggled with stalling engagement.

The streamer’s share price is down more than 40 percent over the last year as the company has struggled with stalling engagement.

Source: The New York Times – Tech

🔑 Key Takeaways

  • Wire dispatch directly ingested from NYT > Technology.
  • Published at Wed, 14 Oct 2026 17:21.
  • Source URL: https://www.nytimes.com/2026/10/14/business/media/netflix-layoffs-ted-sarandos.html