https://www.live-feeds.com/feed/netflix-plans-to-cut-5-of-its-workforce-puck-news-reportsContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/netflix-plans-to-cut-5-of-its-workforce-puck-news-reportshttps://www.live-feeds.com/feed/netflix-plans-to-cut-5-of-its-workforce-puck-news-reports#u118657Mon, 12 Oct 2026 17:55:38 +0000Netflix is planning to reduce its workforce by about 5 percent, with an official announcement anticipated as early as next week. People familiar with the matter revealed the restructuring plan to Puck News, which first reported the impending reductions on Friday. The cuts are projected to eliminate between 800 and 850 jobs across the streaming giant, which maintains a total headcount of approximately 16,000 employees. Netflix declined to comment on the reports detailing the upcoming layoffs. The expected workforce reduction follows a period of stock languishing and a previous major round of la