# Amazon Cuts Jobs, Netflix Plans Major Layoffs

> Amazon cuts fewer than 1,000 roles as Netflix prepares largest layoff since 2022.
- Title: Amazon Cuts Jobs, Netflix Plans Major Layoffs · BigGo Finance
- Summary: Amazon cuts fewer than 1,000 roles as Netflix prepares largest layoff since 2022. Amazon eliminated fewer than 1,000 corporate jobs in the US, India, and UK…
- Keywords: amazon, netflix, jeff bezos, ted sarandos, warner bros discovery, stores division, layoffs, prime big deal days, finance, markets, Cuts, Jobs
- Source: BigGo Finance — https://finance.biggo.com/news/4e9dc8b9-4516-4b40-ac34-57e30b649de0
- Author: BigGo Finance
- Published: 2026-10-11T03:55:20+00:00
- Read time: 1 min
- Topics: amazon, netflix, jeff bezos, ted sarandos, warner bros discovery, stores division, layoffs, prime big deal days, finance, markets
## Amazon cuts corporate jobs
Amazon eliminated fewer than 1,000 corporate positions across the US, India, and UK.
## Netflix prepares 800 layoffs
Netflix plans to cut 800 employees, or 5% of its workforce, as early as next week.
## Amazon's job cuts focus on stores
Affected employees work in customer service, engineering, and marketplace support teams.
## Amazon founder explains cuts
Jeff Bezos said the company grew too aggressively during the pandemic.

> People were staying home and they were ordering, and it was an incredible, stressful period for us, by the way
## Netflix targets 800 positions
Netflix has approximately 16,000 full-time workers with 68% based in the US.
## Netflix growth slowing
Viewing time rose just 2% in first half of this year compared to same period last year.
## Netflix's stock decline
Netflix shares have fallen roughly 42% since pursuing Warner Bros. Discovery.
## Netflix's strategic shift
Netflix has broadened catalog to include live events, podcasts, and video games.
## Key takeaway

Amazon eliminated fewer than 1,000 corporate jobs in the US, India, and UK while Netflix plans to lay off 800 employees, its largest reduction since 2022.