Netflix layoffs: Why the profitable giant is cutting jobs in 2026
Netflix layoffs is hitting about 1,000 jobs, roughly 6% of its workforce, with product, tech, legal and human resources teams hit hardest. Its two chief executives, Greg Peters and Ted Sarandos, announced the cuts in a memo Wednesday, Oct. 14. A day later, Netflix pushed out chief content officer Bela Bajaria and named former Disney […] The post Netflix layoffs: Why the profitable giant is cutting jobs in 2026 appeared first on Rolling Out.
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Netflix layoffs is hitting about 1,000 jobs, roughly 6% of its workforce, with product, tech, legal and human resources teams hit hardest. Its two chief executives, Greg Peters and Ted Sarandos, announced the cuts in a memo Wednesday, Oct. 14. A day later, Netflix pushed out chief content officer Bela Bajaria and named former Disney […]
The post Netflix layoffs: Why the profitable giant is cutting jobs in 2026 appeared first on Rolling Out.
