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Netflix Layoffs 2026: 1,000 Jobs Cut as Streaming Competition Intensifies Despite Strong Business Performance

Why Is Netflix Cutting Jobs? Netflix's latest round of layoffs has renewed an important debate about employment in the global technology and entertainment industries. The streaming giant is reportedly cutting approximately 1,000 jobs, representing around 6% of its workforce, in what has been described as its largest round of layoffs since 2022. The announcement, reported on October 14, 2026, come…

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