Netflix reportedly undergoes internal restructuring and layoffs affecting dozens of employees in global product teams

MaticHoleFiller · 2026-03-13T13:11:21+00:00

Netflix recently laid off dozens of employees from its global product team during an internal reorganization, primarily affecting the creative studios division. The layoffs were minimal in scale and unrelated to individual performance, while some employees were reassigned to other positions. This comes as Netflix just received a $2.8 billion breakup fee.

MaticHoleFiller

2026-03-13 13:11:21

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Netflix has cut dozens of employees from its global product team during an internal restructuring. Netflix declined to comment or confirm the exact number of layoffs, but it is understood that the layoffs mainly involved the creative studio department.

The team consists of designers and producers responsible for creating marketing materials such as posters and in-app trailers, as well as providing related content for offline experiences across content, product, and marketing segments.

As part of the restructuring, some employees were laid off, while others were transferred to different roles within Netflix.

Sources say the layoffs are unrelated to individual performance, and the number of affected employees accounts for only a very small portion of the entire team.

At the time of the layoffs, Netflix had just received a $2.8 billion breakup fee — as Paramount and Tianwu Media increased their hostile takeover bids for Warner Bros., forcing Netflix to abandon its previous deal.

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