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Netflix plans to cut 5% of its workforce, sources say
Netflix plans a substantial round of layoffs expected to affect 5% of its workforce, which could be 800 employees, including the creative team working on features, the Los Angeles Times reported, citing people familiar with the cuts. The cuts are believed to be the company's biggest since 2022; Netflix declined to comment.
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The Netflix logo is shown in this photo from the company’s website, in New York, Feb. 2, 2023. (Richard Drew / Associated Press) By Wendy Lee Staff Writer Follow Oct. 9, 2026 1:37 PM PT 2 2 min Click here to listen to this article Share via Close extra sharing options Email Facebook X LinkedIn Threads Reddit WhatsApp Copy Link URL Copied! Print 0:00 0:00 1x This is read by an automated voice. Please report any issues or inconsistencies here . See more from the L.A. Times in Google Search. Set us as preferred p]:text-cms-story-body-color-text" data-subscriber-content> Netflix plans a substantia…