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Business

Netflix to lay off roughly 1,000 employees, or 6% of workforce

CNBC · October 14, 2026 at 11:03 AM

Netflix will lay off roughly 6% of its workforce, according to a memo obtained by CNBC.

Read the full article on CNBC ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.cnbc.com — the content belongs to CNBC.

This story in other outlets

25 years ago, Netflix laid off a third of its employees and learned a lesson about ‘talent density.’ New cuts will test whether it still works

Fortune · 2 h ago

Netflix cutting workforce as its revenue growth slows

CBS News · 4 h ago

Netflix to lay off roughly 1,000 employees in biggest round of job cuts since 2022

Engadget · 6 h ago

Netflix is laying off 6% of its workforce, in its biggest round of job cuts in years

ABC News Money · 6 h ago

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