# Netflix Plans 5% Layoffs

> Netflix reports upcoming layoffs affecting 5% of staff.
- Title: Netflix Plans 5% Layoffs · Variety | Shortify
- Summary: Netflix reports upcoming layoffs affecting 5% of staff. Netflix plans to cut 5% of its workforce in a major restructuring move.
- Keywords: netflix, layoffs, workforce, restructuring, 5 percent, entertainment, culture, Plans, Variety
- Source: Variety — https://variety.com/2026/tv/news/netflix-mass-layoffs-1236906567
- Author: Todd Spangler
- Published: 2026-10-09T14:52:06+00:00
- Read time: 1 min
- Topics: netflix, layoffs, workforce, restructuring, 5 percent, entertainment, culture
## Netflix
Netflix is planning a major round of layoffs coming as soon as next week that would cut about 5% of its headcount.
## Report Details
The streaming giant plans a significant restructuring that 'will impact' about 5% of staffers and 'could be announced as early as next week,' according to a report by Puck News.
## Spokesperson Silence
A Netflix spokesperson declined to comment. It’s not clear which departments would be most heavily affected by the reported cuts.
## Key takeaway

Netflix plans to cut 5% of its workforce in a major restructuring move.