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Netflix plans layoffs affecting 5% of workforce, sources say

Netflix plans layoffs affecting 5% of workforce, sources say

October 11, 2026 by Marina Collins - Entertainment Editor

Netflix is planning a substantial round of layoffs affecting 5% of its workforce, which could be 800 employees, as the streaming giant faces rising competition and pressure regarding its subscribers, … Read More

Categories Entertainment Tags Company, contractor, investor, job cut, May, Netflix, people, source, streaming service, subscriber, worker, year

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