Netflix reportedly plans about 1,000 job cuts
In short
Netflix is reportedly planning to cut about 6% of its workforce, or about 1,000 jobs. The move would be its biggest layoff round since 2022.
The cuts come as Netflix expands into ads, live programming and gaming. The reporting does not say whether the plan is final or how the jobs will be split up.
What the reporting says
Netflix is reportedly planning to cut about 6% of its workforce, or roughly 1,000 jobs, in its biggest round of layoffs since 2022. The reported cuts come as the streaming company expands into advertising, live programming and gaming amid intensifying competition for viewers. The reporting does not confirm whether the plans are final or how the cuts will be distributed across teams or regions.
Why it matters
Netflix is reportedly planning to cut about 6% of its workforce, or roughly 1,000 jobs, in what is described as its biggest layoff round since 2022. The cited backdrop is the company’s expansion into advertising, live programming and gaming alongside tougher competition for viewers. The reporting does not confirm the plan, the exact timing, or how the cuts will be allocated.