Netflix to lay off roughly 1,000 employees, or 6% of workforce

What the coverage shows

Both outlets focus on Netflix announcing roughly 1,000 layoffs, with CNBC adding the figure that this is about 6% of the workforce. TechCrunch frames the story around competition for user attention and says most of the cuts will hit product, tech, legal, and human resources, a detail CNBC does not include.

Written by Crossfiled from the 3 headlines and extracts below, not from the articles themselves. It describes how the outlets framed this, not what happened. Open any headline for a summary of that article.