Netflix is cutting about 1,000 jobs, or 6% of staff, in its biggest layoffs since 2022 as its stock has fallen nearly 42% in the past year. The company is still spending on podcasts and sports rights.

Oct 15, 2026 - 07:20

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Netflix is cutting about 1,000 jobs, or 6% of staff, in its biggest layoffs since 2022 as its stock has fallen nearly 42% in the past year. The company is still spending on podcasts and sports rights.

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