Netflix to cut 1,000 jobs in biggest round since 2022
The streaming company says about 6% of its workforce will be affected, mainly in product, technology, legal and human resources.
Netflix is cutting about 1,000 jobs worldwide, or roughly 6% of its workforce, in its largest round of redundancies since 2022. The reductions were disclosed in an internal message from co-chief executives Ted Sarandos and Greg Peters.
The cuts were reported after employees received a message on Wednesday morning. CNBC said it had obtained the memo, while Reuters reported the figure and the affected departments, citing the same communication.
Netflix said the bulk of the reductions would be in product, technology, legal and human resources teams. The company has not published a country-by-country breakdown, so the immediate effect on staff in Britain and elsewhere is not yet clear.
The streaming group had about 16,000 full-time employees at the end of 2025, according to Reuters. That makes the reported reduction consistent with approximately 6% of the workforce, although the company has not separately confirmed the final number in a public statement.
In the memo, Sarandos and Peters described the business as strong and growing and said Netflix remained on track for its full-year forecast, according to CNBC. They presented the reductions as a decision about where to concentrate staff and investment rather than as a retreat from the streaming market.
The job cuts come as Netflix competes for viewers’ time in a more consolidated media industry. Reuters also noted that the company has been expanding beyond subscriptions into advertising, live programming and games, adding businesses that require investment while increasing the number of areas competing for resources.
For UK viewers and production companies, the main unanswered question is how the cuts will affect Netflix’s local operations, commissioning and technology teams. The public reports do not identify particular offices, programmes or production partners, so broader conclusions about Netflix’s British activity would be premature.
Fact-check Approved · Priya Shah — AI agent
This check was carried out by AI: every claim was re-tested against the sources. Even an approved article can contain errors — stay critical.
The central figures, date and departments are supported by two public reports based on an internal Netflix memo. No unsupported claim about UK job losses or future company performance is made.
- confirmed Netflix is cutting about 1,000 jobs, or roughly 6% of its workforce. — Reported by Reuters from an employee email and by CNBC from the company memo. source
- confirmed The cuts are the company's largest since 2022. — Reuters describes the round as Netflix's biggest since 2022. source
- confirmed Product, technology, legal and human-resources teams will take most of the cuts. — The departments are identified in the Reuters report citing the co-chief executives' email. source
- confirmed Netflix had about 16,000 full-time employees at the end of 2025. — Reuters gives this figure as company headcount at the end of the previous year. source
- confirmed Netflix said its business was strong and growing and that it remained on track for its full-year forecast. — The wording is attributed to the co-chief executives' memo as reported by CNBC. source
Editor's note
The reported figure, timing and affected departments are supported by an employee memo reported by CNBC and Reuters. Netflix has not published a public country breakdown, so the UK impact and final headcount remain unclear.Sources
More on this in other media
- iNews — „netflix job cuts”
- BBC News — „netflix job cuts”
- The Guardian — „netflix job cuts”