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REPORTED · NEWSPublished Oct 26, 2026

Netflix Cuts Nearly 1,000 Jobs, Fires Two Senior Content Executives

SOURCENews reportView the filing ↗

EMPLOYEES AFFECTED
1,000
SHARE OF WORKFORCE
~7.7%
EFFECTIVE DATE
Oct 14, 2026
1,000 OF 13,000 EMPLOYEES

What we know

Location: global.

Department affected: product, technology, legal and human resources.

Based on news reporting.

Summary

Netflix announced a round of layoffs in mid-October that cut nearly 1,000 jobs and resulted in the firing of two senior content executives, chief content officer Bela Bajaria and film head Dan Lin. The cuts were disclosed in an Oct. 14 memo from co-CEOs Greg Peters and Ted Sarandos and reportedly amount to about 6% of Netflix’s workforce, with product, technology, legal and human resources teams hit hardest. The company said viewing metrics have softened—members watched only 2% more hours year-over-year in H1 2026—and leadership framed the reductions as part of efforts to push future growth despite strong profitability. The moves follow executive changes that installed Peter Rice to oversee content and come amid mixed reactions from Wall Street and concerns about talent departures to other studios.

Netflix, Inc. cut 1,000 jobs affecting its product, technology, legal and human resources team as of October 14, 2026.

That is roughly 7.7% of the 13,000 people Netflix, Inc. employs.

LayoffTalk has tracked 9 layoff events at Netflix, Inc. since March 2026, including 553 jobs documented in official WARN filings, with 7 additional events known from news reporting.

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SOURCE
News reporting
View original source ↗
N
Netflix, Inc.NFLX
Communication Services · 13,000 employees
9
EVENTS TRACKED
553
JOBS IN WARN FILINGS
View company profile

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CREATED OCT 14, 2026LAST UPDATED OCT 27, 2026