Market Chatter: Netflix Cuts 6% of Global Workforce

09:26 AM EDT, 10/14/2026 (MT Newswires) -- Netflix (NFLX) is eliminating 6% of its global staff, or about 1,000 positions, The Wall Street Journal reported Wednesday, citing an internal email it viewed. This latest round of layoffs, the company's largest since 2022, mainly affects the product, tech, legal and human-resources teams, the report said, citing Co-Chief Executives Greg Peters and Ted Sarandos as saying in an email to employees. Netflix didn't immediately reply to a request for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)