Netflix announced on October 14, 2026, that it is cutting approximately 1,000 jobs, or 6% of its global workforce, in its largest layoff round since 2022.
Most reductions affect product, technology, legal and human resources teams, according to Reuters, which reviewed an internal memo sent to employees. The reporting did not identify whether Canadian employees were affected.
Looking For The Broader Picture? For ongoing developments, previous layoff rounds and Canadian severance guidance, visit our Netflix layoffs and employee rights guide.
Co-CEOs Ted Sarandos and Greg Peters told employees the job cuts were part of wider organizational changes. Their October 14 memo said the greatest impact would be on the four departments identified above.
Netflix said supporting departing employees was its immediate priority. Leaders would contact affected staff, and the process would vary by country.
TheWrap published the full employee memo and reported that Netflix had no further comment beyond that message.
Netflix said it was making more focused decisions about where to direct its staff and resources. The company maintained that it would continue investing in improvements to its service and future growth.
“Our business is strong and growing, and we remain on track to deliver our full-year forecast,” the executives wrote.
Reuters reported that the reductions came as Netflix faced intense competition for viewers from...
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