Netflix layoffs on cards? Streaming giant plans to cut 5% of workforce as early as next week, says report

Netflix Inc. is planning to cut around 5% of its workforce as early as next week, according to a report by the newsletter Puck.A spokesperson for the streaming giant declined to comment on the reported job cuts, news agency Bloomberg said.Netflix had approximately 16,000 full-time employees at the end of last year, with 68% of its workforce based in the US, according to a regulatory filing.Netflix shares have fallen about 42% since the company began pursuing Warner Bros. Discovery Inc…