Netflix confirms 1,000 job cuts

Following much industry speculation, Netflix has confirmed it will cut 1,000 staff from its global workforce  – around 6 per cent of its employees – as the streaming giant faces growing competition from media mergers, social media platforms and vertical content. In a staff memo, Netflix Co-CEOs Greg Peters and Ted Sarandos said: “Team – […]

Last updated Oct 15, 2026 by ATDb automated enrichment