https://www.live-feeds.com/feed/netflix-to-lay-off-1-000-staff-amid-intensifying-competition-for-user-attentionContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/netflix-to-lay-off-1-000-staff-amid-intensifying-competition-for-user-attentionhttps://www.live-feeds.com/feed/netflix-to-lay-off-1-000-staff-amid-intensifying-competition-for-user-attention#u127623Sat, 17 Oct 2026 11:31:39 +0000Streaming giant Netflix is eliminating roughly 1,000 positions, amounting to about 6% of its global workforce, in its largest job cuts since 2022. The reductions primarily target the product, technology, legal, and human resources departments. The downsizing follows an internal memo distributed to staff detailing the reductions. Alongside the broad workforce cuts, Doug Belgrad is stepping down from his role as Netflix vice president of film amid the corporate restructuring.Why it mattersThe streaming platform faces intense pressure and tough competition for viewer attention and engagement from