Netflix to cut 1,000 jobs globally amid streaming competition
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Netflix
Global
October 2026
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COMPAMIR Editorial Team
The COMPAMIR editorial team brings together public reporting and links to the original coverage. We update the page as new information emerges.
Read our editorial policy- Earlier version 110/15/2026, 5:51:03 AM
Netflix plans to cut 1,000 jobs, approximately 6% of its workforce. The cuts will primarily affect HR, legal, product, and technology departments. The company faces increased competition from rivals and a plateauing subscription business.
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