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Netflix to Cut 6% of Global Staff, About 1,000 Jobs, WSJ Says

Bloomberg Technology Wednesday 14 October 2026, 13:25 UTC By Dawn C. Chmielewski 1 min read
Key Points

Netflix to Cut 6% of Global Staff, About 1,000 Jobs, WSJ Says Netflix Inc. is cutting 6% of its global staff, or about 1,000 positions, as the streaming company is struggling with slowing growth, the Wall Street Journal reported. The bulk of the cuts, which amount to the biggest round of layoffs since 2022, will be in the product, tech, legal and human-resources teams, co Chief Executive Officers Greg Peters and Ted Sarandos wrote in an email to employees on Wednesday, according to the Journal.

Netflix to Cut 6% of Global Staff, About 1,000 Jobs, WSJ Says Netflix Inc. is cutting 6% of its global staff, or about 1,000 positions, as the streaming company is struggling with slowing growth, the Wall Street Journal reported. The bulk of the cuts, which amount to the biggest round of layoffs since 2022, will be in the product, tech, legal and human-resources teams, co Chief Executive Officers Greg Peters and Ted Sarandos wrote in an email to employees on Wednesday, according to the Journal.
Netflix (ORG) Global Staff (ORG) WSJ (ORG) Netflix Inc. (ORG) the Wall Street Journal (ORG) Greg Peters (PERSON) Ted Sarandos (PERSON) Journal (ORG)
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