https://www.live-feeds.com/feed/netflix-lays-off-6-of-employees-elimination-about-1-000-jobs-in-biggest-cutbacks-to-dateContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/netflix-lays-off-6-of-employees-elimination-about-1-000-jobs-in-biggest-cutbacks-to-datehttps://www.live-feeds.com/feed/netflix-lays-off-6-of-employees-elimination-about-1-000-jobs-in-biggest-cutbacks-to-date#u127472Sat, 17 Oct 2026 10:35:14 +0000Netflix is eliminating roughly 6% of its workforce, amounting to about 1,000 jobs, in the company's largest reduction to date. The layoffs coincide with slowing revenue growth and mounting concerns over company expansion. Alongside the job cuts, executive departures include Doug Belgrad leaving his position as Netflix Vice President of Film. The workforce reductions arrive just days before an impending earnings report from the streaming service, signaling a shift in competitive strategy as leadership changes take effect.Why it mattersThe streaming giant remains profitable and continues to