Monday, October 19, 2026
NEWS

Netflix to Cut 1,000 Jobs: Are Positions in Mexico at Risk?

Netflix to Cut 1,000 Jobs: Are Positions in Mexico at Risk?

Netflix announces global layoffs, raising questions about its operations and workforce in Mexico.

Netflix will eliminate approximately 1,000 jobs, representing 6% of its global workforce, in a

that once again puts pressure on employment in the streaming industry. The US company’s decision raises questions about the future of its operations in Mexico, where it maintains a corporate office and develops audiovisual productions with national talent. This adjustment marks Netflix’s largest round of layoffs since 2022 and occurs amidst growing competition for user attention. However, the company has not announced how many positions will be eliminated in Mexico or confirmed specific cuts for its local team.## Netflix Concentrates Layoffs in Four Strategic AreasNetflix’s Co-CEOs, Ted Sarandos and Greg Peters, communicated the decision to employees via an internal message. They explained that the company needs to allocate its resources with greater discipline to drive its growth priorities.The cuts will primarily affect teams in product, technology, legal affairs, and human resources. The company has not disclosed a complete breakdown of the positions that will disappear in each department.The measure is equivalent to approximately six out of every 100 Netflix jobs worldwide. The company had about 16,000 full-time employees at the close of 2025, according to its regulatory filings.The executives stated that the business maintains a solid position and that the company continues to be in a condition to meet its annual forecasts. Nevertheless, they aim to adjust the organization to concentrate investments in areas that drive innovation and improve service.## Are Netflix Jobs in Mexico at Risk?For now, there is no public figure confirming specific layoffs in Mexico. The announcement refers to a global reduction, so it does not allow us to conclude that the Mexican office will lose jobs.The local operation has a relevant presence within the platform’s Latin American strategy. In February 2026, Netflix reported that its team in Mexico numbered nearly 400 employees, with 8% annual growth. Furthermore, it projected closing 2026 with an approximate 15% increase in its local workforce.These figures offer a significant contrast to the global layoff announcement. However, they correspond to the projections Netflix communicated in February and do not guarantee that its hiring plans will remain unchanged after the restructuring.## Mexico City Office Maintains Commitment to National ContentNetflix inaugurated its new headquarters in Mexico City in February 2026, fifteen years after its arrival in the country. The space occupies 8,500 square meters and includes a 278-square-meter post-production area.The company presented these facilities as a collaborative hub for writers, directors, actors, producers, and other professionals in the audiovisual industry. Additionally, it aims to strengthen the production of Mexican stories for national and international audiences.Netflix’s impact also extends to external workers. Between 2021 and 2023, its alliances with local production companies and collaborators resulted in participation in projects in over 50 cities across 25 states, involving more than 9,000 cast and crew members.## Competition for Users Pressures Streaming Business ModelThe labor adjustment occurs as Netflix competes with platforms like YouTube, Amazon Prime Video, and Disney+. These companies vie for audience attention and a larger share of the digital entertainment market.Pressure also appears in financial expectations. During the second quarter of 2026, Netflix registered $12.56 billion in revenue and $3.4 billion in profit. Both figures surpassed results from the same period of the previous year.However, revenue forecasts for the third quarter fell short of Wall Street expectations. This scenario helps explain why the company is seeking to reorganize its resources, despite maintaining positive results.The strategy consists of prioritizing investments with greater growth potential. At the same time, the company faces the challenge of sustaining its expansion while adjusting its internal structures.

The post

first appeared on Líder Empresarial.