Netflix’s biggest layoffs in 4 yrs may come next week, here’s how many could lose jobs

Netflix is preparing to lay off about 5% of its employees as part of a wider restructuring, according to a report by Puck News. Sources told the publication the announcement could come as early as next week, with the streamer under pressure over slowing viewer engagement and a share price that has slid through the year. It would be Netflix’s biggest round of job cuts in four years, and it would land just days before the company reports its third-quarter earnings on October 20.The numbers add up quickly. Puck puts Netflix's global headcount at roughly 17,000, which means around 850 jobs could go. The company's own annual filing listed about 16,000 full-time employees at the end of 2025, so the final number may be closer to 800.