The streaming giant cannot find peace. Despite its efforts to diversify revenue, Netflix expects to cut about 850 jobs, representing 5% of its global workforce. This restructuring, which could be officialized next week, comes at a moment of extreme fragility for its shares.
The urgency of the measure is reflected in the markets: the company has suffered a 42% drop in the value of its shares during the last year. To stop the bleeding, the company has implemented aggressive commercial strategies:
- Launch of new plans with advertising.
- Strict restrictions on shared account access.
- Progressive increases in subscription prices.
Curiously, the cut comes after a first quarter of 2026 with figures that seem positive, although driven by an extraordinary event: the compensation received for canceling the purchase of Warner Bros. Discovery.
| Economic Indicator (Q1 2026) | Value (USD) | Detail / Variation |
|---|---|---|
| Net Profit | 5.283 billion | +83% vs previous year |
| Compensation Received | 2.800 billion | Warner Bros. Discovery termination |
| Gross Debt | 14.400 billion | Total liability at closing |
| Cash and Equivalents | 12.300 billion | Available liquidity |
Now, all eyes are on the calendar: on October 20, Netflix will present its quarterly accounts, a report that will be decisive for understanding the financial direction of the platform.
Source: IMAGO