Netflix is laying off 6% of its workforce in biggest round of job cuts at streaming giant in years

Source ABC Local
Original Load Date Oct. 14, 2026, 1 p.m.
Last Updated Oct. 14, 2026, 1 p.m.
Original URL https://abc7chicago.com/story/netflix-is-laying-off-6-workforce-1000-employees-biggest-round-job-cuts-streaming-giant-years/19938143/

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Netflix plans to lay off about 6% of its workforce, amounting to nearly 1,000 positions, as the streaming giant makes wider “organizational changes.” Co-CEOs Greg Peters and Ted Sarandos announced the job cuts in a memo to employees Wednesday. They said the company's product, tech, legal and human ...