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

2026-10-16 23:22 • ;John Koblin and Nicole Sperling
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.
Read More Here: https://www.nytimes.com/2026/10/16/business/media/netflix-layoffs-bela-bajaria.html