Netflix Cuts 1,000 Jobs in Biggest Layoff Since 2022

Netflix is letting go of about 1,000 employees worldwide, roughly 6% of its workforce. The Financial Times reported the news on October 14, and it is the company’s largest round of job cuts since 2022.

Teams across human resources, product, technology and legal are expected to be affected. The reports do not say how many HR roles are going, and they give no split by department or country.

What the company told employees

The cuts were announced in an internal memo from co-CEOs Ted Sarandos and Greg Peters. They told staff that Netflix needs to be disciplined about where it puts its people and resources. They also said the business is strong and growing, that the company is on track to meet its full-year financial forecast, and that it will keep investing aggressively in high-impact areas.

How this compares with 2022

In 2022, Netflix laid off about 450 employees across...

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