Netflix is cutting roughly 1,000 positions, about 6% of its workforce, which numbered around 16,000 last year, the Wall Street Journal reports. Co-CEOs Ted Sarandos and Greg Peters told staff in an email that the company must be disciplined about prioritizing resources while staying on track for its full-year forecast. The cuts follow Netflix's unsuccessful bid earlier this year to acquire Warner Bros., which ultimately went to Paramount Skydance.
engadget.com
· 2026-10-14
Netflix confirmed it is laying off close to 1,000 employees, about 6% of its 16,000-person staff, with most cuts concentrated in product, technology, legal and human resources. Co-CEOs Ted Sarandos and Greg Peters told staff in an internal memo, first reported by The Wall Street Journal, that the company must be disciplined about prioritizing people and resources, while maintaining it remains on track to meet its full-year financial forecast.
techcrunch.com
· 2026-10-14
Netflix co-CEOs Ted Sarandos and Greg Peters confirmed in an internal memo, obtained by Variety, that the company is cutting roughly six percent of its workforce — around 1,000 jobs — mostly in product, technology, human resources, and legal teams. This surpasses earlier rounds of 150 and 300 layoffs in 2022 and follows a report last week suggesting a smaller five percent cut.
theverge.com
· 2026-10-14
Netflix co-CEOs Ted Sarandos and Greg Peters told staff in a Wednesday memo that the company is cutting roughly 6% of its workforce, around 1,000 positions. The affected roles are concentrated in product, legal, technology and human resources departments, marking Netflix's largest reduction in four years.
techspot.com
· 2026-10-14
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