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

New York Times - Oct 16, 2026

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

MORE NEWS

Fuel costs squeezing margins for some businesses

'TV and cheap booze' blamed for landlord quitting

Ship attack reports near Hormuz reach record high as oil exports slow

Netflix Replaces Bela Bajaria as Chief Content Officer

Living with a stink? Technology might help

I find it quite demoralising in store - why I do all my shopping online

Gulf Oil Is Still Flowing Despite a Surge in Attacks on Ships

Tech Stocks Drop Further Amid Doubts Over AI Spending

'I'd spend $1,000 on a wedding present'

Homeownership Drifts Further Out of Reach as Mortgage Rates Rise

'I paid thousands to a company for jobs that never came'

Data Centers Become Targets in Wars in Ukraine, Russia and the Middle East

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