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Netflix cuts 1.000 jobs

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Netflix is a streaming-dienst. The firm cuts 1.000 jobs. That is 6 percent of all workers. 16.000 people work there.

Greg Peters and Ted Sarandos write an email. They explain the job cuts. The tech area loses jobs. The personal-abteilung loses jobs too.

Netflix does not grow fast now. TikTok is a big rival. YouTube is a big rival too. Netflix has 325 million users.

Netflix wants to make new games. Netflix wants to do live shows. The firm wants more users. Next week the firm tells new quartalszahlen.

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Definitions

Streaming-Dienst
A streaming-dienst shows films on the web.
Quartalszahlen
Quartalszahlen are reports about money.
Personal-Abteilung
The personal-abteilung helps workers.

People

Greg Peters
Greg Peters is a boss at Netflix.
Ted Sarandos
Ted Sarandos is a boss at Netflix.

Locations

Los Gatos
Los Gatos is a city in USA.

Sources

Logo Standard
Standard

US-Streamingriese Netflix streicht rund 1.000 Jobs

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Logo Kurier
Kurier

Streaming-Riese Netflix streicht rund 1.000 Jobs

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Logo TechCrunch
TechCrunch

Netflix to lay off 1,000 staff amid intensifying competition for user attention | TechCrunch

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Logo ORF
ORF

Netflix streicht sechs Prozent seiner Stellen

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