Netflix reportedly announces its largest round of layoffs since 2022, cutting 1,000 jobs

Netflix is laying off about 1,000 employees in its largest round of cuts since 2022, according to an internal memo sent by co-CEOs Greg Peters and Ted Sarandos. The reductions amount to roughly 6% of the company’s workforce, with the biggest impact expected in product, technology, legal and human-resources teams. The executives said Netflix remains on track to meet its full-year forecast and will continue investing in priority areas. The company had about 16,000 employees at the end of 2025.