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Netflix Plans 5% Layoffs Ahead of Q3 Earnings

Netflix is preparing to cut about 5% of its workforce, a reduction that could reach roughly 800 jobs and would land ten days before the streamer reports Q3 2026 earnings on October 20.

5% of Netflix workforce, around 800 jobs based on ~16,000 employees at year-end 2025 Planned reduction

About 16,000 full-time, with roughly 68% (around 10,900) in the United States and Canada Netflix year-end 2025 employees

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