Netflix Will Go Through Another Round of Layoffs, Report Says
Streaming giant could be looking into eliminating 5% of its workforce.
Netflix is preparing a fresh wave of corporate downsizing that could eliminate roughly 5% of its workforce, or approximately 800 full-time jobs, according to industry reports published Friday.
The planned layoffs, first reported by Puck News and later cited by Variety, could be announced as early as next week. Details regarding which business units, geographical regions, or executive departments will be hit remain under wraps.
When reached for comment on Friday, a representative for the streaming video pioneer declined to address the upcoming workforce reductions.
Based on Netflix’s annual disclosures, the company closed out 2025 with approximately 16,000 full-time employees worldwide. A 5% reduction across that base would mark the streaming giant’s most substantial single layoff event since 2022, when it eliminated 450 roles in the wake of its first quarterly subscriber loss in over a decade.
Though Netflix subsequently stabilized its core subscriber count and rebounded financially through password-sharing crackdowns and ad-supported subscription tiers, the company has continued to fine-tune its cost structure. Smaller, targeted workforce adjustments have occurred periodically, including a restructuring within its global product organization in early 2026.
If finalized, the impending cuts highlight ongoing pressure among major entertainment and tech firms to maintain margin discipline and streamline operations amid shifting media consumption patterns.
