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Netflix to lay off about 1,000 employees in biggest cuts since 2022

Netflix is set to lay off around 1,000 employees, marking its largest cuts since 2022. Facing fierce competition from rivals and platforms like YouTube, the layoffs will primarily impact product, tech, legal, and HR teams. Co-CEOs stress th...

The Guardian· Oct 14, 2026 · 10:54 PM · 4 views

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Netflix is set to lay off around 1,000 employees, marking its largest cuts since 2022. Facing fierce competition from rivals and platforms like YouTube, the layoffs will primarily impact product, tech, legal, and HR teams. Co-CEOs stress the importance of resource discipline as the company seeks new revenue streams.

Full story and more reels: https://newsreel.video #news #breaking #Netflix #layoffs #business #tech #media #employment

Originally reported by The Guardian. Read the full story →

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