The Largest Netflix Layoff in Years (Blind TL;DR: October 16, 2026)
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Netflix Lays off Thousands
This week, the tech industry saw the largest layoffs at Netflix to occur in years. The company laid off 6% of its workforce, including executives.
Employees are understandably anxious and feeling unsure about the future of the company, as the layoffs occurred despite the company’s profitability.
Microsoft Talks Back
Microsoft responded to criticism about its H1B filings for employees, saying individuals must pass rigorous standards to be considered for positions at the company.
Blind users shared their thoughts on the situation, where most of the anger comes from employees being punished for company/executive actions.
Ahead of midterms, many professionals are viewing actions against H1B holders and companies as a distraction from greater issues at hand, such as the war with Iran.
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Read last week’s TL;DR. (Amazon Layoffs in October)