Netflix layoffs loom as stock performance struggles, growth slows, and investors cool in 2026: reports

Netflix is planning what could be its largest round of layoffs in four years, according to media reports. The job cuts are expected to impact 5% of the streaming giant’s workforce, with the announcement reportedly coming as soon as this week. Netflix reported 16,000 employees at the end of last year, meaning some 800 people could be laid off. The rumored layoffs were first reported by Puck news and later confirmed by the Los Angeles Times and other outlets. Fast Company has...