Netflix, Facing Slowing Growth, Cuts 6% of Its Work Force

October 14, 2026 · 3:12 pm 2 sources

Image: The New York Times

Coverage

Wires & papers of record

• Netflix, Facing Slowing Growth, Cuts 6% of Its Work Force
  The New York Times · October 14, 2026 15:56
  The streamer’s share price is down more than 40 percent over the last year as the company has struggled with stalling engagement.

Coverage

• Netflix is laying off around 1,000 employees
  The Verge · October 14, 2026 15:12
  Following a report last week that Netflix was planning to lay off five percent of the company, today the streamer's co-CEOs Ted Sarandos and Greg Peters announced in an email that it would actually be laying off six percent of its workforce, or around 1,000 employees, according to Variety, which…