Netflix

In February 2026, Netflix announced the layoff of “several dozen” employees in its global product division as part of an internal restructuring following a leadership shift. The cuts primarily affected middle management and administrative roles, with fewer than 1% of the division’s roughly 6,000 employees impacted. No senior executives were reported to have been let go. The layoffs coincide with the promotion of Elizabeth Stone to Chief Product and Technology Officer. It remains unclear whether any Canadian staff were affected by this round of job cuts.