Netflix announces bad news by email: 1000 employees are being laid off
Digital streaming platform Netflix has officially confirmed the previously raised allegations. According to a Wall Street Journal report, 1000 employees are being laid off.
The wave of layoffs has become a trend in recent years. Technology companies in particular are very ruthless in this area, letting thousands of staff go without batting an eye. Netflix is also one of the companies that joined the caravan for some time. Now, the digital streaming giant is laying off another 1,000 personnel.
According to the report by the Wall Street Journal dated October 14, 2026, digital streaming platform Netflix is terminating the employment of approximately 1,000 employees. This layoff corresponds to roughly 6 percent of the company's global workforce. The company is carrying out its largest workforce reduction since laying off about 450 people in 2022.
Netflix had approximately 16,000 employees worldwide last year. The latest decision indicates a scale more than double that of the 2022 layoff.
NOTIFIED VIA E-MAIL
Netflix Co-CEOs Ted Sarandos and Greg Peters shared the rationale for the decision in an internal e-mail sent to employees. The CEOs stated that the mission to entertain the world requires disciplined use of resources and people.
The executives emphasized that the company's financial situation is strong and growth continues. Stating that they are on track to meet year-end forecasts, the CEOs expressed that aggressive investments in high-impact areas will continue.
Financial Figures and Expanding Areas of Activity
The company's disclosed financial data does not paint a picture of distress. Netflix recorded approximately $45.2 billion in revenue for the year 2025, also influenced by increases in subscription fees.
In addition, Netflix continues to expand its service range on the one hand. The company, which released a standalone gaming app for children, plans to step into the video podcast arena for 2026. It also holds the rights to broadcast the 2030 FIFA World Cup in Spain and Andorra.
The company withdrew its bid to acquire Warner Bros. this year, with Paramount Skydance completing the merger.
| Metric / Information | Detail |
|---|---|
| Number of Affected Employees | Approximately 1,000 people (6%) |
| Total Number of Employees (Last Year) | Approximately 16.000 people |
| 2022 Number of Layoffs | Approximately 450 people |
| Year 2025 Revenue | Approximately $45.2 billion |
In the Wall Street Journal report, it was not specified which departments or regions the layoffs will cover. It is not yet clear whether the games, podcast, and live sports teams will be affected by this process.
On the other hand, although the company management promised in the e-mail to increase spending in high-impact areas, they did not address whether the total number of employees will increase again.
For now, with the development of artificial intelligence as well, in my opinion, Netflix and other companies will reduce staff numbers further. The workload will now shift not to humans, but to artificial intelligence. In the future, this will also lead to a major unemployment problem. Because this is now inevitable.
This article was translated from Turkish. Read the original article in Turkish.