Netflix Reportedly Preparing to Cut Around 800 Jobs - Gadget Review
Unconfirmed Puck News report cites 5% cut at the streamer, which last shed hundreds of roles in 2022 amid subscriber losses.
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By Al Landes
Al is a long time tech writer with a penchant for all things nerdy. While he writes for Gadget Review, he manages a team of review writers, ensuring their content is nothing short of perfect.
Oct 9, 2026 • 2 min read
Image: Deposit Photos
Key Takeaways
- Netflix reportedly plans to cut roughly 800 jobs, about 5% of its workforce.
- Potential cuts would mark Netflix’s largest workforce reduction since 2022 subscriber losses.
- Declining engagement, averaging 1.6 daily viewing hours, pressures Netflix to accelerate growth.
A potential reduction of roughly 800 positions may be coming at Netflix. Anonymous-source reporting from Puck News, cited by Reuters, says the company is preparing to cut approximately 5% of its workforce, though Netflix declined to comment and has not confirmed the plan.
What the Report Says
The reported figures remain unconfirmed, and the company has offered no official characterization of the plan.
The reported reduction is based on Netflix’s approximate headcount of 16,000 full-time workers at the end of 2025. At 5%, that would amount to roughly 800 positions, though secondary coverage has cited a figure closer to 850.
Reuters reported that an announcement could come as early as the week after the October 9 report, though no confirmed date has been established. The departments or business units potentially affected have not been identified in available reporting. The available reports did not disclose severance terms.
The 5% reduction figure comes from people familiar with the matter, as attributed by Puck News and cited by Reuters. Netflix declined to comment.
Context and Pressure
If confirmed, the reported cuts would be the company’s largest workforce reduction since 2022, arriving amid measurable pressure on both engagement and the stock.