Netflix is cutting about 1,000 staffers in its biggest round of layoffs in years. Read the memo from its co-CEOs.

Source: Business Insider

Netflix is turning to layoffs under co-CEO Ted Sarandos. Samuel Boivin/NurPhoto via Getty Images; Bloomberg/Getty ImagesNetflix is cutting about 1,000 employees, following in the footsteps of other major media companies. The cuts impact staffers on the product, tech, and HR teams, a person familiar with the move said.