Netflix Cuts 1,000 Jobs in Its Biggest Layoffs Since 2022

Netflix is cutting about 1,000 jobs worldwide in its largest round of layoffs since 2022, a reduction equal to roughly 6% of the streaming company’s workforce. The changes reach beyond one division, with product, technology, legal and human-resources teams expected to absorb the biggest impact.

Co-chief executives Ted Sarandos and Greg Peters told employees that Netflix would continue investing in areas it considers most important for growth and innovation while becoming more disciplined about staffing and priorities. Managers were expected to notify affected workers directly.

Netflix layoffs also reach film and television

The company’s programming operations were not spared. Variety reported departures in television development that include Carolina Garcia, Lisa Lang McMullen, Andrew McQuinn, James Oh and Jason Pan. Garcia had spent a decade at Netflix and worked with producers and companies behind projects including Stranger Things, Griselda and Vikings: Valhalla.

On the film side, vice president Doug Belgrad is also leaving as part of the reductions. Belgrad joined Netflix in 2024 and was an early senior hire under film chief Dan Lin. The executive departures show that the restructuring is not limited to corporate support departments, even if those teams account for the largest share of the cuts.

A sharper focus on growth and engagement

The layoffs arrive as Netflix faces intense competition for viewing time from rival subscription services and free video platforms. Sarandos recently said the company was not growing as quickly as he wanted, while investors continue to watch engagement alongside revenue and subscriber trends.

Netflix said it remains on track to meet its financial forecasts and is scheduled to report its latest results on October 20. That update should provide more context about the business case behind the reductions and whether management expects the savings to change its pace of spending on programming or technology.

For employees, the immediate story is the scale and breadth of the job losses. For the wider entertainment industry, the cuts are another sign that even the largest streaming companies are reassessing how many people and layers they need as the market matures.