Netflix Scrambles to Rewrite Its Narrative With Layoffs and a Sudden Firing

Despite strong revenues and profits, the streaming service cut 1,000 jobs and jettisoned its chief content officer. Drops in the stock price and viewer engagement are to blame.

Oct 17, 2026 - 04:00
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Netflix Scrambles to Rewrite Its Narrative With Layoffs and a Sudden Firing
Despite strong revenues and profits, the streaming service cut 1,000 jobs and jettisoned its chief content officer. Drops in the stock price and viewer engagement are to blame.

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