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Todd Spangler
NY Digital Editor
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Courtesy of Netflix Netflix is planning a major round of layoffs coming as soon as next week would cut about 5% of its headcount, according to a new report.
The streaming giant plans a significant restructuring that “will impact” about 5% of staffers and “could be announced as early as next week,” according to a report by Puck News citing anonymous sources.
A Netflix spokesperson declined to comment. It’s not clear which departments would be most heavily affected by the reported cuts.
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As of the end of 2025, Netflix said it had about 16,000 full-time employees, which means a 5% reduction in force would eliminate around 800 jobs. Roughly 68% of its workers, about 10,900, were located in the U.S. and Canada.
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