Netflix, Inc. and HubSpot Announce Cuts; Cardinal Glass Industries Files WARN
Three companies announced layoffs totaling 1,625 roles between Oct. 11–12, including cuts at Netflix, Inc. and HubSpot.
Netflix, Inc., HubSpot, and Cardinal Glass Industries, Inc. disclosed workforce reductions between October 11 and October 12 that together affect 1,625 employees across three sectors.
Overview
- Total layoffs: 3 companies
- Total employees affected: 1,625
Key company actions
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Netflix, Inc. reported layoffs affecting 850 employees in the Communication Services sector, according to reports by India Today, NewsBytes and NDTV Profit.
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HubSpot announced reductions impacting 660 employees in the Information Technology sector, per coverage from CBS News, CTech and CMSWire.
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Cardinal Glass Industries, Inc. filed a WARN notice that lists 115 employees affected in the Industrials sector, according to a WARN filing with state regulators.
Sector breakdown
- Information Technology: 1 company, 660 employees (HubSpot)
- Communication Services: 1 company, 850 employees (Netflix, Inc.)
- Industrials: 1 company, 115 employees (Cardinal Glass Industries, Inc.)
Reporting
The disclosures are drawn from company-specific reporting: HubSpot (CBS News, CTech, CMSWire), Netflix, Inc. (India Today, NewsBytes, NDTV Profit) and Cardinal Glass Industries, Inc. (a WARN filing with state regulators).
All figures and attributions above are based on the filings and reports listed by each company for the October 11–12 period.