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Netflix plans restructuring cutting about 800 jobs

By Drooid · Oct 16, 2026, 2:29 PM UTC · How we work

Summary

Retail Giants Cut Jobs

Kroger will cut about 3,000 corporate jobs, roughly 37 % of its workforce, over three years.
Pfizer is eliminating 150 positions at its Portage, Michigan plant due to lower demand.
Amazon removed fewer than 1,000 jobs in its Stores division in the United States, India and the United Kingdom.
Netflix is planning a restructuring that could cut about 5 % of its workforce, roughly 800 roles.

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The streamer allocated $20 billion to content this year while watch time rose only 2% to 97 billion hours.
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Retail Giants Cut Jobs

Kroger will cut about 3,000 corporate jobs, roughly 37 % of its workforce, over three years.
Pfizer is eliminating 150 positions at its Portage, Michigan plant due to lower demand.
Amazon removed fewer than 1,000 jobs in its Stores division in the United States, India and the United Kingdom.
Netflix is planning a restructuring that could cut about 5 % of its workforce, roughly 800 roles.

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