Archive · 11 Oct 2026
Netflix Reportedly Plans 800 Job Cuts Amid Growth Push
News reports say Netflix may soon reduce its workforce by about 800 jobs.
That would be roughly 5% of its employees.
Netflix has not confirmed the plan, and it is not known which teams or places would be affected.
The company had about 16,000 full-time workers at the end of 2025.
Its co-CEO has said he wants the company to grow faster.
Reports say viewer engagement grew by 2% in the first half of 2026.
Netflix also made smaller cuts to its product team earlier this year.
The company is due to share its next quarterly results on October 20.
Netflix may cut about 5% of its workforce—roughly 800 jobs—as early as next week, according to reports; the company has not confirmed the plan.
Netflix had about 16,000 full-time employees at the end of 2025; reports place about 68% in the US or in the US and Canada.
The reports do not specify which departments or regions would be affected.
Co-CEO Ted Sarandos has said Netflix wants to grow faster; reported user engagement rose 2% year over year in the first half of 2026.
Netflix has already made smaller product-team cuts in 2026 and is scheduled to report third-quarter earnings on October 20.
- Who
- Netflix; co-CEO Ted Sarandos has discussed the company’s growth.
- What
- Media reports say Netflix may cut about 5% of its workforce, or roughly 800 jobs; Netflix has not confirmed the plan.
- When
- The cuts could be announced as early as next week. Netflix is scheduled to report third-quarter earnings on October 20.
- Where
- The reports do not specify where the proposed cuts would occur. About 68% of Netflix’s workforce was reported as based in the US, or in the US and Canada.
- Why
- The reports describe a restructuring as Netflix seeks faster growth, but Netflix has not confirmed the proposed cuts or given a reason for them.
Netflix’s stated growth outlook
Reported business pressures
Growth and engagement
Netflix’s stated growth outlook
Ted Sarandos said Netflix had posted double-digit revenue gains in every geographic region in the second quarter, while also saying he wanted the company to grow faster.
Reported business pressures
Reports describe investor concerns about viewer engagement and slower sales growth; engagement was reported to have risen 2% year over year in the first half of 2026.
Reason for proposed layoffs
Netflix’s stated growth outlook
Netflix has not publicly confirmed the reported cuts or stated a reason for them.
Reported business pressures
Media reports characterize the possible cuts as part of a significant restructuring, but do not identify the affected departments or establish a confirmed rationale.
- Reported scale
- About 5% of the workforce, or roughly 800 jobs.
- Possible timing
- An announcement could come as early as next week.
- Company response
- Netflix has not confirmed the reported plan.
- Workforce size
- About 16,000 full-time employees at the end of 2025.
- Workforce location
- Reports differ: one says 68% were based in the US; others say about 68% were in the US and Canada.
- Engagement
- Reported user engagement rose 2% year over year in the first half of 2026.
- Earnings date
- Netflix is scheduled to announce third-quarter 2026 earnings on October 20.
- Earlier 2026 cuts
- Netflix laid off several dozen people from its product team, according to the reports.
Sources
Netflix reportedly plans to lay off about 5% of its workforce, roughly 800 jobs, as soon as next week
Netflix layoffs on cards? Streaming giant plans to cut 5% of workforce as early as next week, says report
