Netflix Plans to Cut ~800 Jobs, About 5% of Its Workforce
NewsData.io · United States · Oct 9, 2026
Netflix is preparing to lay off approximately 5% of its workforce, which amounts to roughly 800 employees, according to a report from Puck News. The cuts come as the streaming giant's stock has been under pressure despite operating margins approaching 30%. Multiple outlets including Variety, The Hollywood Reporter, and Yahoo Finance have corroborated the report. Recruiters serving media, entertainment, and tech sectors should anticipate a wave of displaced Netflix talent entering the market.
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