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Netflix cuts 6% of its workforce in major layoffs

Multiple outlets report that Netflix has started reducing its staff by roughly six percent, affecting approximately 1,000 employees.

2020.03.06. Netflix
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At a glance

  • The company is eliminating about 6% of its total workforce.2345
  • The reductions amount to approximately 1,000 employees.345

Netflix has begun a round of workforce reductions impacting roughly six percent of its global staff.24

The cuts eliminate about 1,000 jobs at the streaming company.345

Affected areas include the product, technology, legal, and human resources teams.45

Where sources agree

  • Netflix laying off about 6% of its workforce4 of 5
  • Around 1,000 employees affected3 of 5

Who covered this

5 National

Sources

  1. 1The Hollywood ReporterNetflix Film VP Doug Belgrad Out In Layoffs ↗
  2. 2CNBCNetflix is laying off roughly 6% of its workforce ↗
  3. 3The Hollywood ReporterNetflix Lays Off Around 1,000 Employees In Largest Cuts Since 2022 ↗
  4. 4DeadlineNetflix Layoffs Underway, Streamer Cutting 1,000 Jobs, 6% Of Its Workforce ↗
  5. 5VarietyNetflix Lays Off 6% of Employees, Elimination About 1,000 Jobs in Biggest Cutbacks to Date ↗

Based on reporting from these reputable newsrooms and reviewed by Orbit’s editors. A fact appears only when at least two sources report it. Orbit is not affiliated with these publishers.

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