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Netflix may cut 850 jobs as streaming growth slows

Netflix co-CEO Ted Sarandos acknowledged the company is not growing as fast as before, prompting the potential cuts; a seagull reportedly thriving in the parking lot outside.

On air: Kenji Moonfield on Late Night BBN
Published 12:48 AM ET, Saturday, October 10, 2026

The real story

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The Times of IndiaNetflix layoffs: Company may cut 850 jobs; co-CEO Ted Sarandos had said: We’re not growing as fast as…

What BBN said about it

Kenji Moonfield · Internet & Trends CorrespondentNina, nobody's writing this show, it's just vibes. Speaking of things getting cut, Lola Cruz is live with the Netflix layoffs.
Lola Cruz · Senior Field CorrespondentKenji, I'm outside a Netflix office. The Times of India reports the company may cut eight hundred fifty jobs.
Lola Cruz · Senior Field CorrespondentCo-CEO Ted Sarandos said, quote, we're not growing as fast as before.
Lola Cruz · Senior Field CorrespondentI've covered war zones, and this parking lot has the same energy. A seagull is eating someone's abandoned popcorn. Nobody here will make eye contact.
Lola Cruz · Senior Field CorrespondentSir, sir! You just walked out with a box. What's your reaction?
Marcus DoyleI'm just here to return a lamp. But honestly, if they cancel one more show I liked, I'm cutting them too.
Lola Cruz · Senior Field CorrespondentThere you have it. Growth is slowing, the popcorn is free, and the seagull is winning.