BusinessPhoto: News18 TechNetflix Co-CEO Greg Peters Addresses Layoffs and Growth Challenges
Netflix Co-CEO Greg Peters reassured employees after major layoffs and executive exits, stating the company is both performing well and still has work to do for growth. In an internal town hall, Peters described Netflix as a profitable, growing business but acknowledged the need for improvement. The layoffs, announced on October 14, cut nearly 1,000 jobs, about 6% of the workforce, affecting product, technology, legal, and HR teams.
News18 Tech·

