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# Netflix cuts 1,000 jobs, its biggest layoffs since 2022
- URL: https://www.medianexis.com/netflix-cuts-1-000-jobs-its-biggest-layoffs-since-2022/
- Published: 2026-10-16T13:49:46.000Z
- Updated: 2026-10-16T13:49:46.000Z
- Description: The Wall Street Journal’s Walden Siew reports Netflix eliminated roughly 1,000 jobs, its largest cuts since 2022, hitting product, tech, legal and HR teams as co-CEOs Greg Peters and Ted Sarandos cited slower growth and declining engagement.
- Author: The Signals Desk
- Tags: Streaming, Walden Siew, Reese Witherspoon, Mediawan buy Hello Sunshine

**Why it matters.** Streamers now face pressure to justify subscription and ad revenue growth with leaner teams as engagement growth slows.

*Signal from* [*wsj.com*](https://wsj.com/?ref=medianexis.com) *·* [*Walden Siew*](https://www.medianexis.com/tag/by-walden-siew/) *·* [*read the original*](https://www.wsj.com/cfo-journal/what-netflixs-layoffs-mean-for-other-companies-inflation-ripple-effects-a3c4fee3?ref=medianexis.com)*.*