Netflix to lay off roughly 1,000 employees, or 6% of workforce
The company told employees it is cutting about 6% of global staff in its largest reduction since 2022.
TL;DR
- Netflix plans to cut about 1,000 jobs, or roughly 6% of its workforce, according to a CEO memo.
- AP said product, technology, legal and human-resources teams would be most affected.
- Netflix had about 16,000 full-time employees at end-2025, according to filings cited by AP.
CNBC and AP reported Netflix plans to lay off around 1,000 employees, about 6% of its workforce. Co-CEOs Ted Sarandos and Greg Peters shared the plan in an October 14 memo. [1] [2]
AP said the memo described organizational changes and identified product, technology, legal and human-resources teams as most affected. Netflix offered no further comment to AP. [1] [2]
The scale would make this Netflix’s largest layoff round in several years. AP cited company filings showing around 16,000 full-time employees at the end of 2025. [1] [2] [3]
Reports do not provide a full country breakdown, role counts or a quantified savings target. Netflix described the decision as resource prioritization. [1] [2]
Why it matters
The cuts are a significant operating-cost and workforce decision, but public reports do not quantify expected savings or product effects.
Editor's note
Counts and affected teams are attributed to the CEO memo; no investment advice is included.