Netflix to Cut 6% of Workforce Ahead of Q3 Earnings Report

Key Facts

1Netflix announced it would lay off 6% of its workforce ahead of its third-quarter earnings report.

2The company is scheduled to report its Q3 2026 financial results on October 20.

Netflix announced it would lay off 6% of its workforce ahead of its third-quarter earnings report. The Motley Fool reported that the company is scheduled to report its Q3 2026 financial results on October 20.

NFLX closed at $70.57 on October 14, 2026, with the stock trading between a day low of $69.37 and a high of $71.26 during that session. The layoffs are being interpreted as a potential signal regarding cost management or growth expectations ahead of the upcoming quarterly disclosure.