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Entertainment · Video brief

Netflix to cut about 6% of worldwide staff

Netflix is set to cut about 6% of its workforce, translating to roughly 1,000 job losses. Co-CEOs Greg Peters and Ted Sarandos emphasize the importance of prioritizing people and resources amid ongoing struggles with user engagement growth.

NBC News· Oct 14, 2026 · 7:53 PM · 2 views

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Netflix is set to cut about 6% of its workforce, translating to roughly 1,000 job losses. Co-CEOs Greg Peters and Ted Sarandos emphasize the importance of prioritizing people and resources amid ongoing struggles with user engagement growth.

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Originally reported by NBC News. Read the full story →

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