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WSJ, Bloomberg, Reuters, Variety, Deadline and others confirm Netflix's memo-announced 6% workforce cuts (~1,000 jobs) today, its largest since 2022.

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Home/Tech/Netflix Lays Off Roughly 6% of Staff, About 1,000 Jobs, in Biggest Cuts Since 2022
VERIFIEDBy Xavier Rivera·Wednesday, October 14, 2026 at 11:41 AM EDT·1 min read

Netflix Lays Off Roughly 6% of Staff, About 1,000 Jobs, in Biggest Cuts Since 2022

Netflix is laying off roughly 6% of its staff, about 1,000 jobs, its biggest cuts since 2022. A memo from co-CEOs Ted Sarandos and Greg Peters says product, tech, legal and HR teams will be hit hardest.

Source:The Wall Street Journal
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Netflix Lays Off Roughly 6% of Staff, About 1,000 Jobs, in Biggest Cuts Since 2022
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Netflix is laying off roughly 6% of its staff, about 1,000 jobs, in its biggest round of cuts since 2022, according to The Wall Street Journal and Variety.
The company must remain disciplined about where it prioritizes people and resources while still investing aggressively in high-impact areas.
Co-CEOs announced the cuts in a memo. In a memo to staff, co-CEOs Ted Sarandos and Greg Peters wrote: “we’ll be letting go of roughly 6% of our colleagues, with the greatest impact to our product, tech, legal, and HR teams.”
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The memo gives no headcount. Sarandos and Peters did not say how many people are affected. Netflix had about 16,000 employees at the end of 2025, and the Journal and Variety put the cuts at about 1,000 jobs.

The biggest cuts since 2022. The last time Netflix cut staff on this scale was in 2022, when it eliminated about 450 jobs in two rounds. This round is more than twice that size.
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Netflix declined further comment. The company did not elaborate beyond the memo.
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