Here is what the page “Netflix Cuts 6% of Workforce Amid Slowing Growth and 40% Stock Decline” contains. Netflix is reducing its workforce by 6% as the streaming giant grapples with slowing growth and a stock price that has fallen more than 40% over the past year. The layoffs, which affect roughly 300 employees based on the company's headcount of about 11,000, come as Netflix faces stalling engagement and intensifying competition from rivals like Disney+, HBO Max, and Amazon Prime Video. For investors and employees alike, the move highlights the need for Netflix to innovate beyond its core subscription model to regain momentum in a crowded market.
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