Netflix To Lay Off Roughly 1,000 Employees In Biggest Round Of Job Cuts Since 2022
The company’s reported revenue in 2025 was around $45.2 billion.
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Netflix is laying off around 1,000 of its staff, amounting to roughly 6 percent of its workforce, according to The Wall Street Journal. Netflix's total number of worldwide employees stood at around 16,000 last year. It's the company's biggest round of cuts since 2022, a year in which around 450 employees were let go, and comes after Netflix backed away from its bid to acquire Warner Bros. earlier this year.
"Our mission – to entertain the world – is ambitious, and delivering on it requires us to be disciplined about where we prioritize our people and resources," Netflix co-CEOs Ted Sarandos and Greg Peters wrote in a company-wide email quoted by the WSJ. "Our business is strong and growing, and we remain on track to deliver our full year forecast. We'll continue to invest aggressively...
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