https://www.live-feeds.com/feed/netflix-gearing-up-to-lay-off-5-of-workforce-reportContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/netflix-gearing-up-to-lay-off-5-of-workforce-reporthttps://www.live-feeds.com/feed/netflix-gearing-up-to-lay-off-5-of-workforce-report#u123985Thu, 15 Oct 2026 13:04:41 +0000Streaming giant Netflix is preparing a major round of workforce reductions targeting approximately 5% of its staff. Reports from Puck News, Variety, and other entertainment outlets indicate the cuts could be announced as early as next week. The restructuring effort comes as the company navigates ongoing stock languishing and increasing pressure from Wall Street regarding future growth. While the business has previously seen revenue and profit growth, analysts and observers are watching to see if the restructuring functions as a margin play or a strategic shift toward new growth engines.Why it