Netflix is preparing a round of layoffs that would cut about 5% of its workforce, according to multiple outlets citing a report from Puck News and unnamed sources familiar with the plans. The companies’ restructuring could be announced as early as next week, though the timing is not confirmed.
Outlets report that Netflix had roughly 16,000 full-time employees at the end of last year, which would mean the reduction could affect about 800 staff members. The reports describe the changes as part of a broader restructuring effort that is expected to “impact” a limited portion of employees.
Coverage focuses on the potential scale and timing rather than specific departments or roles. With no official statement included in the provided summaries, the outlets present the information as preliminary and subject to change until Netflix announces details, if any.
