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It was reported as well that the video-on-demand company Netflix plans to carry out a huge restructuring that will affect 850 employees – 5 percent of all their employees. Netflix has not yet confirmed any details of the cuts, but it is set to come out in the coming week. What employees should know now.
Key Facts at a Glance
| Detail | Info |
| Reported Job Cuts | ~850 employees |
| % of Workforce | ~5% |
| Total Netflix Employees (2025) | ~17,000 |
| Last Major Layoffs | Founded in 2022 (following hundreds of roles being cut) |
| Netflix’s Response | Declined to comment |
| Reason Cited | The ability to manage growth pressure and cost efficiency. |
Why Is Netflix Cutting Jobs in 2026?
However, there is an additional pressure on Netflix to grow faster, although the company shows double-digit gains in revenues. The company strives for faster growth, yet the viewing hours did not keep up with the pace – until H1 2026, viewing hours grew by 2% only as compared to the same period of the previous year. Netflix layoffs in 2026 are more about reorganization towards faster and leaner growth rather than the crisis of the company’s efforts to win more users.
Which Employees Could Be Affected?
Netflix has yet to specify which departments will be hit. The company has already cut its product team internationally earlier this year, so tech and operational positions could be up for grabs once again. The uncertainty is the biggest challenge, and it’s the best reason to get ready now – for those who fear that Netflix will cut jobs.
What Happens to Laid-Off Netflix Employees?
Netflix has always been known for its competitive severance packages. Past rounds, such as the 2022 cuts, generally resulted in these employees being laid off and generally received the following:
- Severance: 4+ weeks based on length of service
- Long-term care coverage during the transition period.
- 401(k) catch-up contributions in some instances
- Job placement assistance via in-house HR initiatives
Different packages exist depending on the role, office, and negotiation, however. Any severance agreement should be in writing, and employees should review any non-compete or non-disclosure clause before signing.
In the US, workers can also receive the WARN Act protections if the layoff provides 60 days’ notice and involves 50+ employees at a single worksite.
What Should Workers Do Right Now?
Take action, regardless of how much the Netflix staff cuts will impact your work: Make copies of your performance reviews, update your professional network, and check your employment contract for severance and equity provisions. Do not take any chances if you have concerns; seek out an employment lawyer prior to any announcement drop. See our guide on what tech workers need to know about severance in the US.
FAQs
Will Netflix cut creative and/or production staff?
There’s no word from Netflix on which departments are targeted. Previous cuts were on product and operational roles, but no creative team is spared in a restructuring of this magnitude.
How much severance will laid-off Netflix staffers be eligible for?
In previous rounds, Netflix’s severance has covered 2-4 weeks of salary and benefits, and in some cases, equity acceleration as well – these conditions are dependent on the job and company location. Before signing, always have it in writing.
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