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Tech layoffs mount as Netflix and eBay cut around 2,000 jobs

Summary by Newsweek
While tech companies are cutting jobs at an elevated rate, nationwide layoff numbers remain relatively low.

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Tech layoffs mount as Netflix and eBay cut around 2,000 jobs

While tech companies are cutting jobs at an elevated rate, nationwide layoff numbers remain relatively low.

·New York, United States
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大纪元 Epoch Times大纪元 Epoch Times

Since 2026, Nearly 200,000 People Have Been Laid Off in the Global Technology Industry.

According to TrueUp, a website that tracks layoffs, more than 196,000 people worldwide have been affected by layoffs at technology companies since 2026; Netflix, Electronic Arts, and eBay also announced layoffs this month.

·New York, United States
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VilággazdaságVilággazdaság

Netflix Can No Longer Retain Subscribers, Everyone Needs Immediate and Continuous Stimulation: More and More People Are Switching to TikTok and Youtube - Investors Are Furious, Brutal Layoffs at the Company

Netflix's biggest challenge is no longer acquiring subscribers, but retaining them and increasing their activity, but will billion-dollar content production be enough for this?

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Newsweek broke the news in New York, United States on Friday, October 23, 2026.
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