Videostreaming: Netflix streicht rund 1.000 Jobs

Netflix, the leading video streaming company, is cutting around 6% of its workforce due to slower growth in its business. Co-chiefs Greg Peters and Ted Sarandos announced the reduction of roughly 1,000 jobs in an email to employees. The company had about 16,000 employees at the end of the previous year. The layoffs are expected to affect approximately 1,000 positions.

Sarandos had mentioned a slower-than-desired growth during a recent conference appearance. Netflix is the clear leader in the video streaming industry, with over 325 million customer households, according to recent data from late 2025. However, user numbers are now only released irregularly. Last year, Netflix attempted to acquire Warner Bros. studio, owned by the entertainment giant Warner Brothers, but was outdone by Paramount.

Paramount is now planning to team up with Warner's streaming service HBO Max to create a strong rival for Netflix. The reductions are expected to impact areas such as personnel, legal, and technology. Peters and Sarandos emphasized that Netflix will continue to invest in growth areas but must remain disciplined and set priorities. Netflix will release current quarterly figures the following week.