Business · Companies · 1 day ago
Netflix reportedly plans to cut about 5% of its workforce
Netflix is reportedly planning to lay off about 5% of its workforce as early as next week.
The US streaming and media company had about 16,000 employees at the end of 2025, so the cuts could affect around 800 people.
Netflix has not commented on the reported plan.
Its last major round of layoffs was in 2022, when it cut hundreds of jobs amid slower growth and falling subscriber numbers.
Competition in streaming has intensified, while media company consolidation and YouTube’s growing share of viewers and advertising spending are adding pressure.
Netflix is also investing in advertising, live programming and games to broaden its income beyond subscriptions.
The reported layoffs are expected as early as next week, but further details have not been announced.
Netflix is reportedly planning to cut about 5% of its workforce as soon as next week.
The company had about 16,000 employees at the end of 2025, which would make the planned cuts about 800 jobs.
Netflix declined to comment on the reports.
The company faces growing competition in streaming, pressure from media company consolidation and competition from YouTube for viewers and advertising spending.
Netflix has expanded beyond subscriptions by investing in advertising, live programming and games.
- Who
- Netflix and about 5% of its workforce.
- What
- Netflix reportedly plans to cut about 5% of its employees, or roughly 800 jobs.
- When
- As soon as next week, according to the reports.
- Where
- Not stated.
- Why
- Not stated. The reports describe competitive pressure in streaming and Netflix’s efforts to diversify its revenue.
This story does not have two clearly opposing sides.
No direct quotes in the coverage so far.
Netflix’s last major reported round of layoffs affected hundreds of workers.
Netflix had about 16,000 employees.
Netflix is reportedly planning to cut about 5% of its workforce.
- Planned reduction
- About 5% of employees
- Estimated jobs affected
- About 800
- Workforce
- About 16,000 employees at the end of 2025
- Previous major layoffs
- Hundreds of workers in 2022
- Reported timing
- As soon as next week
Sources
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