Wsj iconWsjOct 19, 2026 ~1 min source read

Netflix Lays Off 6 Percent of Staff

Joe Flint and Jessica Toonkel, reporting for The Wall Street Journal last week: Netflix is cutting 6% of its staff, or roughly 1,000 positions globally, its biggest round of layoffs since 2022, as it struggles with slowing growth and customer engagement. Co-Chief Executives Greg Peters and Ted Sarandos said in an email

Netflix Lays Off 6 Percent of Staff

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