Netflix to cut about 1,000 jobs amid slowing growth

· Politics · United States

Netflix plans to cut around 1,000 jobs, about 6% of its global workforce and its steepest cuts since 2022, amid slowing revenue growth and reports of declining viewing time. The company had about 16,000 full-time employees at the end of 2025. The layoffs come as Netflix faces stiff competition from YouTube and TikTok rather than traditional streamers like HBO, with its stock falling after slower engagement growth. Analysts say the bigger threat is mega tech platforms that compete for attention far beyond subscription video.

Why it matters：The cuts show how attention competition from social video is pressuring even the largest streaming service.

Key points

  • The cuts equal about 6% of Netflix's workforce, its steepest since 2022.
  • Netflix had about 16,000 full-time employees at the end of 2025.
  • YouTube and TikTok are seen as bigger threats than rival streamers.

Sources (original reporting)

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