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Netflix Prepares Major Layoffs That Could Affect Five Percent of Staff

Reports point to a significant restructuring, with an announcement possible next week, as Netflix faces investor concerns about future growth and has declined to comment.

Read the full story → · Latest coverage 9 Oct 2026, 6:03 pm UTC

Key moments · 3

Word of imminent Netflix layoffs begins circulating

Deadline Hollywood ↗

Report puts planned workforce reduction at about five percent

The Next Web ↗

Earlier estimates leave open cuts above five percent

The Hollywood Reporter ↗

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8 articles

  1. Netflix planea despedir al 5 % de su plantilla, según Puck News
    Infobae
  2. Netflix planea despedir a 850 trabajadores, alrededor de un 5% de su plantilla
    elEconomista.es
  3. The Netflix Ax Is Coming as Stock Languishes
    The Hollywood Reporter
  4. Netflix Planning Layoffs Targeting 5% of Its Workforce | Report
    The Wrap TV
  5. Netflix Gearing Up to Lay Off 5% of Workforce: Report
    Variety Movies