Digest: Netflix Cuts 6%of Staff; UK Marketing Budgets Hit a Two-Year High in Q3
Digest: Netflix Cuts 6%of Staff; UK Marketing Budgets Hit a Two-Year High in Q3
In today’s ExchangeWire news digest: Netflix cuts around 6% of its workforce as growth and engagement slow; Apple wins early access to OpenAI’s hiring records in its trade secrets case; and UK marketing budgets hit a two-year high in Q3 Netflix cuts 6% of staff Netflix is laying off about 6% of its workforce, roughly 1,000 jobs worldwide, in its largest round of cuts since 2022. Co-CEOs Greg Peters and Ted Sarandos told employees in an email on Wednesday that most of the redu
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In today’s ExchangeWire news digest: Netflix cuts around 6% of its workforce as growth and engagement slow; Apple wins early access to OpenAI’s hiring records in its trade secrets case; and UK marketing budgets hit a two-year high in Q3 Netflix cuts 6% of staff Netflix is laying off about 6% of its workforce, roughly 1,000 jobs worldwide, in its largest round of cuts since 2022. Co-CEOs Greg Peters and Ted Sarandos told employees in an email on Wednesday that most of the redu
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In today’s ExchangeWire news digest: Netflix cuts around 6% of its workforce as growth and engagement slow; Apple wins early access to OpenAI’s hiring records in its trade secrets case; and UK marketing budgets hit a two-year high in Q3 Netflix cuts 6% of staff Netflix is laying off about 6% of its workforce, roughly 1,000 jobs worldwide, in its largest round of cuts since 2022. Co-CEOs Greg Peters and Ted Sarandos told employees in an email on Wednesday that most of the redu
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