Netflix layoffs: Streaming giant is cutting jobs across global team; these are the job roles likely impacted

Netflix has reportedly cutting jobs across global team. According to a report by Variety, Netflix has slashed several dozens of staff from its global product team as part of an internal reorganisation. The streaming giant has not yet revealed the exact number of employees fired, but the report suggest that the layoffs primarily affected the creative studio unit which is a team of designers and producers responsible for marketing materials such as in-app trailers, posts and live-experience content.

Netflix job cuts: Roles impacted

The Variety report further adds that the recent job cuts at Netflix were not performance-related. Instead, some employees were made redundant while others were reassigned to different positions within Netflix. The impacted roles are believed to include designers, producers, and creative specialists tied to marketing and brand experiences.

Restructuring at Netflix

This internal reorganisation at Netflix comes amid leadership shifts at the streaming giant. Last month, Elizabeth Stone was promoted from chief technology officer to chief product and technology officer, overseeing product, engineering, and data teams. In December 2025, Netflix also hired Martin Rose as head of creative for global brand and partnerships, signaling a broader revamp of its creative and product divisions.Netflix is estimated have an employee strength of around 16,000 people globally and 70% of its staff is based in the US and Canada. The company reported 13,000 employees in 2023, highlighting steady growth before the recent cuts. The layoffs come as Netflix finds itself with an additional $2.8 billion in cash, following a breakup fee from Paramount Skydance after the streamer abandoned its deal with Warner Bros.

Netflix co-CEO Ted Sarandos dropping out of Warner Bros deal

Recently, Netflix co-CEO Ted Sarandos has now broke his silence after dropping out of the bidding war for Warner Bros. Discovery, conceding defeat to Paramount Skydance. However, Sarandos warned that the rival’s debt-heavy acquisition will come at a steep cost for Hollywood. Speaking to Bloomberg in an interview, Sarandos revealed that Netflix had planned for multiple scenarios in advance and also knew immediately that it would not match Paramount’s final offer. “We knew right away, when we got the notice on Thursday that they had a superior offer and the details of that deal. We knew exactly what we were going to do,” he told Bloomberg.Netflix had capped its bid at $27.75 a share and refused to chase Paramount’s unprecedented $111 billion personal guarantee-backed deal. Sarandos warned that Paramount’s financing strategy will force to thousands of layoffs. He also said that CEO David Ellison is expected to slash $16 billion in costs and also eliminate thousands of jobs.