Streaming giant Netflix is planning to cut around 1,000 jobs, affecting nearly 6% of its global workforce. The decision has sparked strong reactions on social media, with users questioning the company priorities, employee welfare and rising subscription prices. According to reports, Netflix co CEOs, Greg Peters and Ted Sarandos, informed employees about the job cuts through an internal email on October 14. Most of the affected jobs are reportedly in the product, technology, legal and human resources departments.
The company had around 16,000 full time employees at the end of last year. This makes the latest move its biggest round of layoffs since 2022. The announcement has led to criticism online. Some users expressed concern about the employees who may struggle to find new jobs. Others questioned why customers are paying higher subscription fees while the company is reducing its workforce.
Some social media users also raised concerns about whether artificial intelligence could replace workers. However, there is no confirmed evidence that AI is the main reason behind these job cuts. Netflix is also facing growing competition from platforms such as YouTube and TikTok. Slower growth in viewing time has added pressure on the company to attract and retain viewers. The layoffs have started a wider discussion about how big companies balance business growth, employee welfare and customer expectations.
