Netflix plans to lay off 850 workers, about 5% of its workforce

{
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  "signal_type": "news",
  "signal_subtype": "decreases_headcount_by",
  "detected_at": "2026-10-09T17:09:43+00:00",
  "company": {
    "name": "Netflix",
    "domain": "netflix.com"
  },
  "data": {
    "url": "https://www.elespanol.com/invertia/medios/20261009/netflix-planea-despedir-trabajadores-alrededor-plantilla/1003744415775_0.amp.html",
    "title": "Netflix plans to lay off 850 workers, about 5% of its workforce - El Español",
    "excerpt": "Netflix logo on a smartphone in front of a computer keyboard. Reuters Reuters Netflix plans to cut about 850 jobs, which equals 5% of its global workforce, as part of a restructuring plan. The company is expected to communicate the decision to its employees next week in the face of a 42% drop in the value of its shares over the past year. To improve revenues, the platform has implemented plans with advertising, limits on shared accounts, and price hikes. Despite the adjustment, Netflix achieved a net profit of 5.283 billion dollars in the first quarter, driven by a multimillion-dollar compensation following the foiled acquisition of Warner Bros. Discovery. Netflix is preparing a wave of layoffs that will mean the departure of 5% of its global workforce, cutting about 850 jobs as part of a restructuring plan that other technology and media firms have also suffered. Sources familiar with the matter cited by the US media outlet 'Puck' have indicated that the subscription audiovisual entertainment platform will possibly announce the decision to its workers next week. The company is facing a 42% drop in its shares over the past year and has tried to boost its revenues with various strategies such as new advertising plans, restrictions on shared account access, and price increases. Netflix recorded a net profit of 5.283 billion dollars (4.481 billion euros) in the first quarter of...",
    "summary": "Netflix plans to lay off about 850 employees, representing roughly 5% of its workforce, as part of a restructuring plan.",
    "planning": true,
    "headcount": 850,
    "image_url": "https://s3.elespanol.com/k/imgp/cms/elespanol/10047517.jpg?p=f:jpeg/w:1706/h:960&h=mnwCyrcU",
    "confidence": 0.95,
    "published_at": "2026-10-09T17:09:43Z",
    "article_sentence": "Netflix plans to cut about 850 jobs, which equals 5% of its global workforce, as part of a restructuring plan."
  }
}

curl https://signals.autobound.ai/v1/signals/f3fb0930-75ab-4a6c-9931-8de14fe06f33 \
  -H "X-API-KEY: $AUTOBOUND_API_KEY"

curl -X POST https://signals.autobound.ai/v1/companies/enrich \
  -H "X-API-KEY: $AUTOBOUND_API_KEY" \
  -H "Content-Type: application/json" \
  -d '{"domain":"netflix.com","limit":20}'