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Is Netflix Cutting Jobs? Biggest Streaming Layoffs 2022-26

Netflix cut about 1,000 jobs, 6% of its staff, in the same quarter its operating margin rose from 28.2% to 34.6%, while Disney's 7,000 cuts and Paramount's 2,000 both came as profits fell.

  • No. 1: Netflix layoffs October 2026
  • 10 places

01Final list

The leading AIs each built their own list of ten independently. Here is one result that is easy to check: every place has a reason, a source, and the list of AIs that included it.

Order: from most to least AI agreement.

A bright badge means this AI put the entry on its list. A dim badge means it did not.

  1. 1

    Netflix layoffs October 2026

    Estimate: About 1,000 jobs (6%). Only fifth by size, but the one cut made while operating margin rose from 28.2% to 34.6%. Shares fell ~9% by Oct 26.

    Included it: Claude, ChatGPT, Grok, Gemini, Nova, Kimi, DeepSeek, Qwen. Did not include: MiMo.

    In their lists: Claude: 2 · ChatGPT: 1 · Grok: 1 · Gemini: 1 · Nova · Kimi: 5 · DeepSeek: 1 · Qwen: 1

    What each AI noted 8
    • Claudeplace 2

      The biggest cut in Netflix history came with operating margin up 6.4 points, to 34.6% from 28.2%.

      Source ↗
    • ChatGPTplace 1

      About 1,000 jobs disappeared while quarterly operating margin reached 34.6%—a rare headline-grabbing cut at a highly profitable streamer.

    • Grokplace 1

      Cut 6% while posting a record 34.6% operating margin that was still rising

    • Geminiplace 1

      Cutting 1,000 staff while operating margins hit an all-time peak of 34.6%, proving modern cuts are about AI efficiency and product shifts rather than insolvency.

      Source ↗
    • Nova

      Named differently in its own list: open the full list.

    • Kimiplace 5

      The only cut on this list made in genuinely good times: one week later Netflix posted a 34.6% operating margin, up from 28.2%, with profit up 49% — and cut 1,000 people anyway.

      Source ↗
    • DeepSeekplace 1

      The only mega-cut on this list made while the profit engine was accelerating — a 34.6% operating margin, up from 28.2%, and the stock barely blinked.

      Source ↗
    • Qwenplace 1

      The 6% cut that broke the rule: fired 1,000 people while profit margins hit a record 34.6%.

    8 AIs put it here
    Source ↗
  2. 2

    Disney layoffs 2023 (7,000 jobs)

    7,000 jobs, the biggest round of the streaming era, made while streaming lost $1.05B a quarter. Shares still rose after hours, by 4.7% to nearly 8% depending on the source.

    Included it: Claude, ChatGPT, Grok, Gemini, MiMo, Kimi, DeepSeek, Qwen. Did not include: Nova.

    In their lists: Claude: 3 · ChatGPT: 3 · Grok: 2 · Gemini: 2 · MiMo: 2 · Kimi: 1 · DeepSeek: 4 · Qwen: 2

    What each AI noted 8
    • Claudeplace 3

      7,000 jobs and $5.5B in savings, announced while profits and revenue were up, and shares rose as much as 7%.

    • ChatGPTplace 3

      The company planned 7,000 job cuts and $5.5 billion in cost reductions while trying to restore profitability and address streaming losses.

    • Grokplace 2

      Largest single-company media cut of the decade under $5.5B cost plan amid streaming losses

      Source ↗
    • Geminiplace 2

      Bob Iger slashed 7,000 positions to erase $5.5 billion in overhead after streaming losses approached $4 billion annually.

    • MiMoplace 2

      7,000 jobs — 3.6% of the workforce, the biggest single cut of the streaming era — and the stock went up on the news.

      Source ↗
    • Kimiplace 1

      The largest entertainment layoff of the streaming era — and Wall Street cheered: shares jumped ~8% after hours, with hedge-fund pressure from Nelson Peltz's Trian ending the next day.

      Source ↗
    • DeepSeekplace 4

      7,000 jobs cut — about 3.6% of staff — while the company's operating margin was falling; the stock rose 4.7% because investors saw a path to streaming profitability.

    • Qwenplace 2

      Iger’s 7,000-job purge saved $5.5B but cost the company its animation soul during a streaming cash burn.

      Source ↗
    8 AIs put it here
    Source ↗
  3. 3

    Paramount Skydance layoffs October 2025

    About 2,000 jobs, roughly 10% of staff, cut after the $8B Skydance merger to reach more than $2B in savings. A hard-times cut driven by merger debt.

    Included it: Claude, ChatGPT, Grok, Gemini, MiMo, Kimi, Qwen. Did not include: Nova, DeepSeek.

    In their lists: Claude: 1 · ChatGPT: 6 · Grok: 3 · Gemini: 3 · MiMo: 4 · Kimi: 3 · Qwen: 4

    What each AI noted 7
    • Claudeplace 1

      About 2,000 jobs, roughly 10-11% of staff, the largest share of any round here, cut while the company was shrinking.

      Source ↗
    • ChatGPTplace 6

      Approximately 2,000 jobs—reported as around 10% of the workforce—were targeted after the $8 billion Skydance merger.

      Source ↗
    • Grokplace 3

      Sustained multi-round cuts totaling 4,000+ ahead of and during merger integration

      Source ↗
    • Geminiplace 3

      Eliminated 2,000 roles in two grueling phases to execute David Ellison’s $2 billion post-merger synergy mandate following the Skydance takeover.

    • MiMoplace 4

      2,000 US jobs — the merger-math round: 1,000 cut in a single day as the 8.4B Skydance deal landed.

    • Kimiplace 3

      A Paramount executive called it 'a bloodbath': 10% of the company cut to help pay for an $8B merger with Skydance.

      Source ↗
    • Qwenplace 4

      Skydance’s 3,000-job merger guillotine fell hardest on legacy TV as streaming revenue finally grew 17%.

      Source ↗
    7 AIs put it here
    Source ↗
  4. 4

    Netflix layoffs 2022

    Estimate: About 450 jobs (~4% of 11,000) after Netflix's first subscriber loss in a decade, with the stock down 70%. The hard-times mirror of its 2026 cut.

    Included it: Claude, ChatGPT, Grok, Gemini, MiMo, Kimi, DeepSeek. Did not include: Nova, Qwen.

    In their lists: Claude: 4 · ChatGPT: 10 · Grok: 5 · Gemini: 8 · MiMo: 7 · Kimi: 7 · DeepSeek: 9

    What each AI noted 7
    • Claudeplace 4

      About 450 jobs cut after Netflix's first subscriber loss in a decade; the stock had lost close to 70% by July.

      Source ↗
    • ChatGPTplace 10

      Netflix cut jobs during the subscriber-loss shock of 2022, a stark contrast with its rising-margin position in October 2026.

    • Grokplace 5

      First major cuts after subscriber loss; far smaller than 2026

    • Geminiplace 8

      The panic round: 450 jobs wiped out in 60 days when subscriber numbers fell for the first time in 10 years, sparking the initial Hollywood streaming correction.

    • MiMoplace 7

      450 jobs across two rounds — the first cuts in 22 years, made the moment subscribers fell.

      Source ↗
    • Kimiplace 7

      The original Netflix shocker: 450 jobs gone after its first subscriber loss in a decade, with the stock already down 70% that year.

      Source ↗
    • DeepSeekplace 9

      The first Netflix cut in this cycle was tiny by comparison — 150 jobs, under 1.4% of staff — but it came after a subscriber loss that had already wiped 70% off the stock.

      Source ↗
    7 AIs put it here
    Source ↗
  5. 5

    Warner Bros. Discovery merger layoffs 2022

    Estimate: Nearly 1,000 ad-sales jobs, ~30% of that team, cut weeks after the merger. No total for 2022 was ever published beyond 'thousands'; $4.7B of restructuring was booked by 2024.

    Included it: Claude, ChatGPT, Gemini, MiMo, Kimi, DeepSeek. Did not include: Grok, Nova, Qwen.

    In their lists: Claude: 5 · ChatGPT: 7 · Gemini: 5 · MiMo: see list · Kimi: 4 · DeepSeek: 6

    What each AI noted 6
    • Claudeplace 5

      Thousands of jobs went after the 2022 merger while the stock fell more than 50%.

      Source ↗
    • ChatGPTplace 7

      The merger created a major integration program as the company tried to reduce debt and reshape a portfolio spanning HBO, film studios, and legacy television.

    • Geminiplace 5

      David Zaslav shed over 2,200 roles and shelved $3 billion in completed productions toservice $49 billion of inherited debt.

    • MiMo

      Named differently in its own list: open the full list.

      see list
    • Kimiplace 4

      The biggest stealth layoff in streaming history: no single number was ever announced, but restructuring charges hit $4.3-4.7B and headcount slid from ~37,500 to ~35,500.

    • DeepSeekplace 6

      Nearly 1,000 jobs — 30% of the global ad-sales team — cut just weeks after the merger closed, with the company's operating margin already negative.

    6 AIs put it here
    Source ↗
  6. 6

    Warner Bros. Discovery layoffs July 2024

    Nearly 1,000 jobs in finance, business affairs and production, two years into post-merger cuts, with shares down about 70% since the merger closed.

    Included it: Claude, ChatGPT, MiMo, Kimi, Qwen. Did not include: Grok, Gemini, Nova, DeepSeek.

    In their lists: Claude: 8 · ChatGPT: 9 · MiMo: 6 · Kimi: 6 · Qwen: 6

    What each AI noted 5
    • Claudeplace 8

      Hundreds of news jobs cut as the parent rebuilt CNN around digital.

      Source ↗
    • ChatGPTplace 9

      Repeated cuts reflect the difficult economics of combining a streaming growth business with shrinking traditional television networks.

    • MiMoplace 6

      Nearly 1,000 more jobs — two years into the post-merger bleed that followed a ~70% share-price fall.

      Source ↗
    • Kimiplace 6

      Nearly 1,000 gone from finance, business affairs and production — three years after the merger, the axe was still swinging.

      Source ↗
    • Qwenplace 6

      Nearly 1,000 Max and finance jobs vanished just as the streamer promised its first real profit.

      Source ↗
    5 AIs put it here
    Source ↗
  7. 7

    Spotify layoffs December 2023

    1,500 jobs, 17% of staff, the deepest cut of the big rounds here. The stock jumped 7.5% (Billboard) to about 10% (CNBC) that day.

    Included it: Gemini, MiMo, DeepSeek, Qwen. Did not include: Claude, ChatGPT, Grok, Nova, Kimi.

    In their lists: Gemini: 4 · MiMo: 3 · DeepSeek: 3 · Qwen: 3

    What each AI noted 4
    • Geminiplace 4

      Daniel Ek stunned Silicon Valley by firing 1,500 workers while cash flow was positive, calling zero-interest-rate staffing untenable.

    • MiMoplace 3

      17% of the company in one memo — 1,500 jobs, its third cut of 2023 — and the stock jumped on it.

    • DeepSeekplace 3

      A 17% cut in the same week the stock was already up 137% for the year — one of the largest share cuts ever met with a double-digit rally.

      Source ↗
    • Qwenplace 3

      A brutal 17% slash that proved podcast dominance couldn't survive the macroeconomic winter.

      Source ↗
    4 AIs put it here
    Source ↗
  8. 8

    Paramount Global layoffs August 2024 (15% of US staff)

    15% of US staff, about 2,000 jobs (one AI said 1,500), announced alongside a $5.98B cable write-down. The plainest hard-times cut here, yet shares rose.

    Included it: Gemini, MiMo, Kimi, DeepSeek. Did not include: Claude, ChatGPT, Grok, Nova, Qwen.

    In their lists: Gemini: 9 · MiMo: 5 · Kimi: 2 · DeepSeek: 2

    What each AI noted 4
    • Geminiplace 9

      Wiped out 15% of its U.S. staff (1,500 people) and shuttered Paramount Television Studios just ahead of regulatory review for the Skydance deal.

    • MiMoplace 5

      Amazon cut 35% of Twitch — 500 jobs — the deepest percentage cut of any big streaming unit.

      Source ↗
    • Kimiplace 2

      15% of the entire US workforce announced on the same earnings call as a $5.98B cable-network write-down — the clearest 'hard times' cut on the list.

      Source ↗
    • DeepSeekplace 2

      A 15% cut of the US workforce announced alongside a $5.3 billion operating loss — the market rewarded it with a 5% pop.

    4 AIs put it here
    Source ↗
  9. 9

    Disney layoffs April 2026

    Estimate: About 1,000 jobs, but only ~0.4% of ~231,000 staff, cut while streaming profit more than doubled to $712M. A cut made in mostly good times.

    Included it: Claude, ChatGPT, Grok. Did not include: Gemini, Nova, MiMo, Kimi, DeepSeek, Qwen.

    In their lists: Claude: 9 · ChatGPT: 5 · Grok: 4

    What each AI noted 3
    • Claudeplace 9

      1,000 jobs is only about 0.4% of roughly 230,000 staff, and streaming profit was doubling.

    • ChatGPTplace 5

      Another approximately 1,000 jobs were targeted across marketing, studios, television, ESPN, technology, and corporate functions.

    • Grokplace 4

      First major round under new CEO targeting marketing and studio/TV functions

    3 AIs put it here
    Source ↗
  10. 10

    Paramount Global layoffs February 2024

    About 800 jobs, the opening round before Paramount's 15% US cut that August. Share of staff and stock move were not established.

    Included it: ChatGPT, Kimi. Did not include: Claude, Grok, Gemini, Nova, MiMo, DeepSeek, Qwen.

    In their lists: ChatGPT: 2 · Kimi: 8

    What each AI noted 2
    • ChatGPTplace 2

      About 800 positions were eliminated as the company publicly acknowledged that the traditional media cost structure was under pressure.

      Source ↗
    • Kimiplace 8

      The first tremor of Paramount's collapse: 800 jobs gone months before the 15% US cut that followed.

      Source ↗
    2 AIs put it here
    Source ↗

More about the top three ↓

02More about the top three

The ranking is above. Here is more about the three places at the top: what they are, why they are here, and what is worth knowing.

The three are compared on jobs cut, but the shares of staff (6%, about 3.6%, 10–11%) use different bases, and the profit pictures differ: margin rising, streaming losses, merger debt.

1Netflix layoffs October 2026

No. 1 — Netflix layoffs October 2026. On the lists of 8 of 9 AIs; median place there: 1. Most AIs ranked it first because it cut 1,000 jobs while operating margin rose to a record 34.6%, so the cut was not forced by hard times.

Did you know

  • Netflix made $3.4 billion profit on $12.56 billion revenue in the second quarter, yet cut jobs. It had also agreed to buy Warner's studio and streaming business in late 2025, then walked away in February.

    Source ↗
What it is
Netflix cut about 1,000 jobs, roughly 6% of staff, in October 2026.
Its edge
Only one of the three cutting while its operating margin rose, from 28.2% to 34.6%.
Who should know
Useful to know: shows a company can cut jobs in good times, not just bad.
  • Jobs cut, and profit trendAbout 1,000 jobs (6%)
Why it is here

  • Netflix is cutting about 1,000 jobs, roughly 6% of its workforce of about 16,000. Variety calls it the company's biggest layoff to date. The 2022 round was about 450 people, so this one is more than twice as big.

    Source ↗ ✓ confirmed by several AIs

  • Netflix is cutting while profits are strong. Variety says it projects a 2026 operating margin of 31.5%, up from 29.5% in 2024. The second-quarter margin was 33.4%. Shares were down 1.4% to $69.45 on the day the news came out.

    Source ↗
History

  • In 2011 Netflix raised prices for people who used both DVD and streaming, then announced a split into a DVD service called Qwikster. Within two weeks it dropped the split but kept the higher prices.

    Source ↗
Keep in mind

  • Variety says investors worry that engagement per user slowed in early 2026. Q2 operating margin was 33.4%, down from 34.1% a year earlier, so the margin story is disputed. Most cuts hit product, tech, legal and HR.

    Source ↗
What people say

  • Our business is strong and growing, and we remain on track to deliver our full year forecast. — Ted Sarandos and Greg Peters, Netflix co-CEOs, in a staff memo

    Source ↗
Where to go further

  • Open Netflix's official Q3 2026 shareholder letter, filed with the SEC. Look at the operating margin figure first, then the outlook, to see how the 34.6% compares with what Netflix expects next.

    Source ↗
Compare the top three ↓

2Disney layoffs 2023 (7,000 jobs)

No. 2 — Disney layoffs 2023 (7,000 jobs). On the lists of 8 of 9 AIs; median place there: 2. It ranks second because 7,000 jobs was the biggest cut of the streaming era, made during streaming losses, and the shares still rose.

Did you know

  • The 7,000 cuts were only part of a $5.5 billion savings plan. Iger said $3 billion would come from content, not counting sports, and $2.5 billion from other costs.

    Source ↗
What it is
Disney cut 7,000 jobs in 2023 as part of a $5.5 billion savings plan.
Its edge
Cut the most jobs by far, though only about 3% of its huge workforce.
Who should know
Useful to know: shows how big cuts can be cheered by investors.
  • Jobs cut, and profit trend7,000 jobs
Why it is here

  • Disney said it would cut 7,000 jobs. That is about 3% of roughly 220,000 workers worldwide, so it is the biggest count in the group but a small share of the workforce. The goal was $5.5 billion in savings.

    Source ↗

  • Disney+ lost 2.4 million subscribers, its first drop since launch in 2019. Even so, Disney shares gained close to 8% after hours. Of the $5.5 billion savings target, $3 billion was to come from content spending, excluding sports.

    Source ↗
History

  • Disney+ launched on November 12, 2019, and Disney said more than 10 million people signed up in its first day. Analysts had expected a slower start, and Disney did not say how many of those sign-ups were paid.

    Source ↗
Keep in mind

  • The 7,000 jobs were about 3% of Disney's workforce, part of a plan to reach $5.5 billion in cost savings. Staff were nervous, and Disney did not reply to TheWrap's request for comment.

    Source ↗
What people say

  • Nobody is in a good mood — Anonymous Disney staffer, quoted by TheWrap

    Source ↗
Where to go further

  • Open Disney's fiscal 2023 annual report (Form 10-K) at the SEC. Go to the segment information note and find the streaming (Direct-to-Consumer) operating loss for the year, the figure this ranking compares.

    Source ↗
Kimi put it first. What they saw in it

  • Kimi: The largest entertainment layoff of the streaming era — and Wall Street cheered: shares jumped ~8% after hours, with hedge-fund pressure from Nelson Peltz's Trian ending the next day.

Compare the top three ↓

3Paramount Skydance layoffs October 2025

No. 3 — Paramount Skydance layoffs October 2025. On the lists of 7 of 9 AIs; median place there: 3. It ranks third because 2,000 jobs is fewer than Disney's, but it was the biggest share of staff, driven by merger debt and savings goals.

Did you know

  • The cuts began about two months after Skydance's $8.4 billion merger with Paramount Global. Paramount had about 18,600 full- and part-time staff, plus 3,500 project-based workers, as of December 2024.

    Source ↗
What it is
Paramount Skydance cut about 2,000 US jobs after its $8 billion merger in 2025.
Its edge
Cut the biggest share of staff of the three, roughly 10–11%.
Who should know
Useful to know: shows how mergers can quickly lead to layoffs.
  • Jobs cut, and profit trendAbout 2,000 jobs (~10%)
Why it is here

  • Paramount Skydance expected to cut around 2,000 US jobs, with more layoffs abroad. Variety notes that is about 11% of the roughly 18,600 staff at the end of 2024 (Variety's own calculation). That is the biggest share of the three.

    Source ↗

  • The cuts came after the $8 billion Skydance merger closed on Aug. 7. The goal was to slash upwards of $2 billion in costs. A June round before the merger closed had cut 3.5% of domestic staff.

    Source ↗
Did you know

  • The 2,000 cuts were for US staff. More job cuts abroad were expected to follow, with timing tied to the company's November earnings report.

    Source ↗
History

  • On August 7, 2025, Skydance and Paramount officially closed their $8 billion merger. David Ellison became Chairman and CEO of the combined company, which is why the 2025 cuts came right after the deal.

    Source ↗
Keep in mind

  • The cuts reportedly aim at about $2 billion in savings. Debt later became a worry: total debt of $86.8 billion after the Warner deal, and Moody's rates it Ba3, one notch below investment grade.

    Source ↗
What people say

  • we recognize these actions affect our most important asset: our people. — David Ellison, Paramount CEO, in a staff memo

    Source ↗
Claude put it first. What they saw in it

  • Claude: About 2,000 jobs, roughly 10-11% of staff, the largest share of any round here, cut while the company was shrinking.

Compare the top three ↓

The top three side by side

Netflix layoffs October 2026Disney layoffs 2023 (7,000 jobs)Paramount Skydance layoffs October 2025
In the AIs' lists8 / 98 / 97 / 9
Jobs cut, and profit trendAbout 1,000 jobs (6%)7,000 jobsAbout 2,000 jobs (~10%)
Put first byChatGPT, Grok, Gemini, DeepSeek, QwenKimiClaude

Places with the same number of AIs are ordered by their average place in the AIs' own lists.

More ratings

03Worth knowing

What the AIs noticed while building the list.

Netflix said its business is 'strong and growing' while cutting 6% of staff. Its 34.6% margin is the highest of any company here at the time of a cut; nearly every other big round followed losses, mergers or write-downs.

Noticed by:
Included it: Claude, ChatGPT, Grok, Gemini, Nova, MiMo, Kimi, DeepSeek, Qwen.
Source ↗

In the same quarter it cut 1,000 people, Netflix bought back a record $4.8B of its own stock.

Noticed by:
Included it: Claude, Kimi. Did not include: ChatGPT, Grok, Gemini, Nova, MiMo, DeepSeek, Qwen.
Source ↗

Netflix expects the headcount cuts to lower its Q4 margin by about 120 basis points, which helps explain the 26.0% Q4 guide.

Noticed by:
Included it: Claude, ChatGPT. Did not include: Grok, Gemini, Nova, MiMo, Kimi, DeepSeek, Qwen.
Source ↗

Markets often reward the cuts themselves: Spotify rose 7.5-10% on its 17% cut, Disney rose after hours on its 7,000, and Roku jumped over 10% on its 10% cut. Netflix's 2026 fall came with a weaker ad forecast.

Noticed by:
Included it: MiMo, Kimi, DeepSeek. Did not include: Claude, ChatGPT, Grok, Gemini, Nova, Qwen.
Source ↗

The cutting is not over: Skydance closed its Warner Bros. Discovery deal on Oct 6, 2026, with about $6B of cost cuts targeted, likely including thousands of jobs.

Noticed by:
Included it: Claude, Grok, Kimi. Did not include: ChatGPT, Gemini, Nova, MiMo, DeepSeek, Qwen.
Source ↗

04Questions people ask

Is Netflix cutting jobs?

Yes. On October 14, 2026, Netflix cut about 1,000 jobs, roughly 6% of ~16,000 staff, its biggest layoff ever, mainly in product, tech, legal and HR.

Source ↗
Why is Netflix cutting out?

If it is playback that stops, the usual cause is the connection or the device. Netflix recommends at least 5 Mbps for HD and 15 Mbps for 4K. If you mean the job cuts, they came as the 2026 ad forecast was cut from $3.0B to $2.7B.

Source ↗
Why is Netflix cutting scenes?

The October 2026 news is about jobs, not edits. Cut scenes in licensed films usually come from the version the studio supplied. Netflix has edited its own shows only rarely, such as removing a scene from '13 Reasons Why' two years after release.

Source ↗
Why does Netflix keep cutting out?

Repeated drop-outs usually point to Wi-Fi congestion, an outdated app or a router problem. Restarting the home network or lowering playback quality usually fixes it, and it has nothing to do with the 1,000-job layoff.

Source ↗

05How we counted

In plain words, no formulas.

1The question

Top 10 Biggest Layoffs in Streaming and Entertainment: Cuts Made in Good Times vs. Cuts Made in Hard Times

2Why this topic

The reader sees how big each layoff was next to the company's profits and spending at that moment, which shows why Netflix's cut is unusual even though it is not the industry's largest.

3Where it applies

Global entertainment and streaming industry, recent large layoff rounds (Netflix, Disney, Warner Bros. Discovery, Paramount and others)

4What we looked at

  • Jobs cut as a share of the workforce
  • Operating margin in the year of the cut and whether it was rising or falling
  • Content spending relative to revenue
  • Share price move in the week after the announcement
  • Company announcements and trade press (Variety, Reuters, AP, Deadline) — Jobs cut and share of the workforce affected
  • Netflix Q3 2026 shareholder letter (SEC 8-K) — Operating margin (34.6% vs 28.2%), revenue, full-year guide
  • Company annual filings via Macrotrends — Operating margin in the year of each cut and whether it was rising or falling
  • Yahoo Finance price history — Share price move after each announcement (closing prices)

5Who ranked

The leading AIs, each building its own list of ten independently and naming a source for every place: Claude, ChatGPT, Grok, Gemini, Nova, MiMo, Kimi, DeepSeek, Qwen.

6How the places were set

The same entry written differently by different AIs was counted as one. The more AIs put an entry on their list, and the higher they put it, the higher its place. "AI agreement" shows how many of the AIs had it on their own list. Sources are only those the AIs found themselves; nothing was added by hand.

06Each AI's own list

🇺🇸 Claude10 places · 2 notes

The same question, answered by Claude alone. The final list above combines all the AIs.

  1. 1
    Paramount Skydance layoffs (October 2025)

    About 2,000 jobs, roughly 10-11% of staff, the largest share of any round here, cut while the company was shrinking.

    Source ↗
  2. 2
    Netflix layoffs (October 14, 2026)

    The biggest cut in Netflix history came with operating margin up 6.4 points, to 34.6% from 28.2%.

    Source ↗
  3. 3
    Disney layoffs (Iger, February 2023)

    7,000 jobs and $5.5B in savings, announced while profits and revenue were up, and shares rose as much as 7%.

  4. 4
    Netflix layoffs (May-July 2022)

    About 450 jobs cut after Netflix's first subscriber loss in a decade; the stock had lost close to 70% by July.

    Source ↗
  5. 5
    Warner Bros. Discovery post-merger cuts (2022-2024)

    Thousands of jobs went after the 2022 merger while the stock fell more than 50%.

    Source ↗
  6. 6
    Warner Bros. Discovery global ad-sales team cut (30%)

    A 30% cut to one team, the steepest share in this list, though it was one unit and not the whole company.

  7. 7
    Netflix product-team cuts (earlier in 2026)

    Several dozen product jobs went early in 2026, a small first step before the 1,000-job round.

    Source ↗
  8. 8
    CNN / Warner Bros. Discovery restructuring cuts

    Hundreds of news jobs cut as the parent rebuilt CNN around digital.

    Source ↗
  9. 9
    Disney layoffs (April 2026)

    1,000 jobs is only about 0.4% of roughly 230,000 staff, and streaming profit was doubling.

  10. 10
    Skydance (Paramount + Warner Bros. Discovery) planned cuts

    A merger closed Oct 6, 2026 with about $6B in cost cuts targeted and no job number announced yet.

    Source ↗

What Claude noticed

Netflix's Q4 margin guide (26.0%) is well below Q3's 34.6%. One source says the guide reflects the headcount reductions, which suggests the cuts come with one-time costs.

Source ↗

Disney's 2023 cut was greeted with a share-price rise of as much as 7%, while Netflix's 2026 cut was followed by a fall. Markets rewarded cuts tied to a cost plan and punished cuts that came alongside slowing growth.

Source ↗
🇺🇸 ChatGPT10 places · 3 notes

The same question, answered by ChatGPT alone. The final list above combines all the AIs.

  1. 1
    Netflix layoffs, October 2026

    About 1,000 jobs disappeared while quarterly operating margin reached 34.6%—a rare headline-grabbing cut at a highly profitable streamer.

  2. 2
    Paramount Global layoffs, February 2024

    About 800 positions were eliminated as the company publicly acknowledged that the traditional media cost structure was under pressure.

    Source ↗
  3. 3
    Disney layoffs, 2023

    The company planned 7,000 job cuts and $5.5 billion in cost reductions while trying to restore profitability and address streaming losses.

  4. 4
    Paramount Global layoffs, 2024

    The roughly 800-job reduction was part of a broader struggle to streamline a legacy media business while funding streaming.

    Source ↗
  5. 5
    Disney layoffs, April 2026

    Another approximately 1,000 jobs were targeted across marketing, studios, television, ESPN, technology, and corporate functions.

  6. 6
    Paramount Skydance layoffs, 2025

    Approximately 2,000 jobs—reported as around 10% of the workforce—were targeted after the $8 billion Skydance merger.

    Source ↗
  7. 7
    Warner Bros. Discovery restructuring, 2022–2023

    The merger created a major integration program as the company tried to reduce debt and reshape a portfolio spanning HBO, film studios, and legacy television.

  8. 8
    Roku layoffs, 2023

    The streaming-platform company announced another workforce reduction as investors pressed technology and media businesses to control operating costs.

  9. 9
    Warner Bros. Discovery workforce reductions, 2024–2025

    Repeated cuts reflect the difficult economics of combining a streaming growth business with shrinking traditional television networks.

  10. 10
    Netflix layoffs, 2022

    Netflix cut jobs during the subscriber-loss shock of 2022, a stark contrast with its rising-margin position in October 2026.

What ChatGPT noticed

Netflix is the clearest example of layoffs during improving profitability. Q3 2026 operating margin rose 6.4 percentage points year over year to 34.6%, yet management expected the announced headcount reductions to reduce Q4 margin by approximately 120 basis points.

Source ↗

Disney's 2026 cuts show why a company-wide label can mislead. Its fiscal Q3 2026 revenue grew 7% and total segment operating income grew 21%, even as its restructuring continued across multiple divisions.

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Workforce share can matter more than headline headcount: the reported approximately 10% Paramount Skydance reduction was a substantially larger proportion of staff than Disney's approximately 1,000 cuts measured against its previously reported 231,000 employees.

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🇺🇸 Grok10 places · 2 notes

The same question, answered by Grok alone. The final list above combines all the AIs.

  1. 1
    Netflix October 2026 (1,000 jobs, ~6%)

    Cut 6% while posting a record 34.6% operating margin that was still rising

  2. 2
    Disney 2023 restructuring (~7,000 jobs)

    Largest single-company media cut of the decade under $5.5B cost plan amid streaming losses

    Source ↗
  3. 3
    Paramount / Skydance multiple rounds 2024-2025 (thousands total)

    Sustained multi-round cuts totaling 4,000+ ahead of and during merger integration

    Source ↗
  4. 4
    Disney April 2026 (~1,000 jobs)

    First major round under new CEO targeting marketing and studio/TV functions

  5. 5
    Netflix 2022 rounds (~450 total)

    First major cuts after subscriber loss; far smaller than 2026

  6. 6
    Disney September 2026 (few hundred / ~300)

    Third 2026 round focused on HR and tech under D’Amaro

    Source ↗
  7. 7
    Disney July 2026 (several hundred)

    Hit Pixar, Nat Geo and ESPN amid ongoing restructure

    Source ↗
  8. 8
    Warner Bros. Discovery / Skydance post-merger 2026 (buyouts + expected large cuts)

    Voluntary buyouts launched weeks after close; thousands projected over time for $6B synergies

    Source ↗
  9. 9
    Sony Pictures April 2026 (~200)

    Smaller studio-side restructure

    Source ↗
  10. 10
    Channel 4 2026 (~340, high % of workforce)

    High percentage cut at smaller UK broadcaster

    Source ↗

What Grok noticed

Disney’s cumulative 2026 rounds remain modest as a share of its ~231,000 workforce compared with Netflix’s 6% or historical 2023 peak of ~7,000.

Source ↗

Skydance’s post-WBD merger buyout program signals the next large wave, with county estimates previously citing thousands of LA film/TV jobs at risk over three years.

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🇺🇸 Gemini10 places · 1 notes

The same question, answered by Gemini alone. The final list above combines all the AIs.

  1. 1
    Netflix (October 2026)

    Cutting 1,000 staff while operating margins hit an all-time peak of 34.6%, proving modern cuts are about AI efficiency and product shifts rather than insolvency.

    Source ↗
  2. 2
    Walt Disney Company (February–May 2023)

    Bob Iger slashed 7,000 positions to erase $5.5 billion in overhead after streaming losses approached $4 billion annually.

  3. 3
    Paramount Global (August–October 2025)

    Eliminated 2,000 roles in two grueling phases to execute David Ellison’s $2 billion post-merger synergy mandate following the Skydance takeover.

  4. 4
    Spotify (December 2023)

    Daniel Ek stunned Silicon Valley by firing 1,500 workers while cash flow was positive, calling zero-interest-rate staffing untenable.

  5. 5
    Warner Bros. Discovery (2022–2023 Integration Waves)

    David Zaslav shed over 2,200 roles and shelved $3 billion in completed productions toservice $49 billion of inherited debt.

  6. 6
    Roku (September 2023)

    Purged 360 employees and wrote down $160 million in original content after discovering connected TV advertising had momentarily frozen.

  7. 7
    Amazon MGM Studios & Prime Video (January 2024)

    Trimmed 500 studio staff despite $30 billion parent operating income, reallocating dollars into live sports rights like NFL Thursday Night Football.

    Source ↗
  8. 8
    Netflix (May–June 2022)

    The panic round: 450 jobs wiped out in 60 days when subscriber numbers fell for the first time in 10 years, sparking the initial Hollywood streaming correction.

  9. 9
    Paramount Global (August 2024 Domestic Reduction)

    Wiped out 15% of its U.S. staff (1,500 people) and shuttered Paramount Television Studios just ahead of regulatory review for the Skydance deal.

  10. 10
    Disney / Pixar Animation Studios (May 2024)

    Dismissed 175 artists and animators (14% of the studio) right before Inside Out 2 scored a record-shattering $1.7 billion box office run.

What Gemini noticed

Netflix's October 14, 2026 layoff of 1,000 employees broke historical entertainment precedent: rather than responding to debt or losses, it occurred alongside record 34.6% operating margins to pivot capital toward automated engineering and executive realignment under Peter Rice.

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🇨🇳 MiMo9 places · 4 notes

The same question, answered by MiMo alone. The final list above combines all the AIs.

  1. 1
    Netflixlayoffs October 2026

    Cut 6% of staff in its most profitable quarter ever — operating margin 34.6%, up from 28.2% — the only giant here that cut in good times.

    Source ↗
  2. 2
    Disney layoffs February 2023

    7,000 jobs — 3.6% of the workforce, the biggest single cut of the streaming era — and the stock went up on the news.

    Source ↗
  3. 3
    Spotifylayoffs December 2023

    17% of the company in one memo — 1,500 jobs, its third cut of 2023 — and the stock jumped on it.

  4. 4
    ParamountSkydance layoffs October 2025

    2,000 US jobs — the merger-math round: 1,000 cut in a single day as the 8.4B Skydance deal landed.

  5. 5
    Twitch layoffs January 2024

    Amazon cut 35% of Twitch — 500 jobs — the deepest percentage cut of any big streaming unit.

    Source ↗
  6. 6
    Warner Bros. Discovery layoffs July 2024

    Nearly 1,000 more jobs — two years into the post-merger bleed that followed a ~70% share-price fall.

    Source ↗
  7. 7
    Netflix layoffs 2022

    450 jobs across two rounds — the first cuts in 22 years, made the moment subscribers fell.

    Source ↗
  8. 8
    AmazonPrime Video and MGM Studios layoffs January 2024

    Several hundred jobs cut in the same month Prime Video's ad tier launched — cost discipline, not decline.

    Source ↗
  9. 9
    Rokulayoffs September 2023

    10% of staff — its third round in a year after 200 jobs in November 2022 and 6% in March 2023.

    Source ↗

What MiMo noticed

Netflix is the anomaly that makes this ranking: it is the only streaming giant that cut staff while margins were rising (28.2% to 34.6%). Every other big round here followed losses, mergers or write-downs — Variety literally ran the headline 'Netflix is profitable and still growing. So why did it lay off 6% of its employees?'

Source ↗

Markets often reward these cuts: Spotify shares jumped ~7.5-10% on its 1,500-job announcement and Disney rose after hours on its 7,000-job plan — layoffs trade as cost discipline, not damage.

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The wave is not over: US media and entertainment companies announced 17,163 job cuts through November 2025, up 18% year over year — and merger consolidation (Paramount Skydance, then Warner Bros. Discovery in October 2026) keeps feeding it.

Source ↗

Percentage beats headcount when judging severity: Twitch's 500-job cut removed 35% of its staff — ten times Disney's 3.6% — yet barely registers in 'biggest layoff' counts.

Source ↗
🇨🇳 Kimi10 places · 2 notes

The same question, answered by Kimi alone. The final list above combines all the AIs.

  1. 1
    Disney's 7,000-job cut (February 2023)

    The largest entertainment layoff of the streaming era — and Wall Street cheered: shares jumped ~8% after hours, with hedge-fund pressure from Nelson Peltz's Trian ending the next day.

    Source ↗
  2. 2
    Paramount Global's 2,000-job cut (August 2024)

    15% of the entire US workforce announced on the same earnings call as a $5.98B cable-network write-down — the clearest 'hard times' cut on the list.

    Source ↗
  3. 3
    Paramount Skydance's 2,000-job cut (October 2025)

    A Paramount executive called it 'a bloodbath': 10% of the company cut to help pay for an $8B merger with Skydance.

    Source ↗
  4. 4
    Warner Bros. Discovery merger-integration cuts (2022-2024)

    The biggest stealth layoff in streaming history: no single number was ever announced, but restructuring charges hit $4.3-4.7B and headcount slid from ~37,500 to ~35,500.

  5. 5
    Netflix's 1,000-job cut (October 14, 2026)

    The only cut on this list made in genuinely good times: one week later Netflix posted a 34.6% operating margin, up from 28.2%, with profit up 49% — and cut 1,000 people anyway.

    Source ↗
  6. 6
    Warner Bros. Discovery's ~1,000-job cut (July 2024)

    Nearly 1,000 gone from finance, business affairs and production — three years after the merger, the axe was still swinging.

    Source ↗
  7. 7
    Netflix's 450-job cut (May-June 2022)

    The original Netflix shocker: 450 jobs gone after its first subscriber loss in a decade, with the stock already down 70% that year.

    Source ↗
  8. 8
    Paramount's 800-job cut (February 2024)

    The first tremor of Paramount's collapse: 800 jobs gone months before the 15% US cut that followed.

    Source ↗
  9. 9
    Roku's three-round cuts (November 2022 - September 2023)

    Three rounds in ten months — 200, then 200, then 10% of the company — and the stock jumped 10% on the final cut.

  10. 10
    Amazon Prime Video & MGM Studios cut (January 2024)

    'Several hundred' roles eliminated inside the world's most profitable tech giant — a strategic cut, not a survival cut.

    Source ↗

What Kimi noticed

Netflix's October 2026 cut is the anomaly of the streaming era: operating margin rose to 34.6% (from 28.2%) and net income grew 49% in the same quarter it eliminated 1,000 jobs — a focus cut made from strength, not losses.

Source ↗

The market pays a premium for layoffs: Disney jumped ~8% after hours on its 7,000-job announcement in 2023, and Roku rose 10% the day it cut 10% of staff in 2023 — Wall Street treats media layoffs as shareholder value creation.

Source ↗
🇨🇳 DeepSeek10 places · 1 notes

The same question, answered by DeepSeek alone. The final list above combines all the AIs.

  1. 1
    Netflix layoffs (October 2026)

    The only mega-cut on this list made while the profit engine was accelerating — a 34.6% operating margin, up from 28.2%, and the stock barely blinked.

    Source ↗
  2. 2
    Paramount Global layoffs (August 2024)

    A 15% cut of the US workforce announced alongside a $5.3 billion operating loss — the market rewarded it with a 5% pop.

  3. 3
    Spotify layoffs (December 2023)

    A 17% cut in the same week the stock was already up 137% for the year — one of the largest share cuts ever met with a double-digit rally.

    Source ↗
  4. 4
    Disney layoffs (February 2023)

    7,000 jobs cut — about 3.6% of staff — while the company's operating margin was falling; the stock rose 4.7% because investors saw a path to streaming profitability.

  5. 5
    Amazon Prime Video and MGM Studios layoffs (January 2024)

    Several hundred jobs cut while Amazon's overall operating margin was climbing to 10.8% — a small share of a very profitable whole.

  6. 6
    Warner Bros. Discovery ad-sales layoffs (June 2022)

    Nearly 1,000 jobs — 30% of the global ad-sales team — cut just weeks after the merger closed, with the company's operating margin already negative.

  7. 7
    Roku layoffs (September 2023)

    A 10% workforce cut — about 360 jobs — in the third round in under a year, as the company was still posting quarterly losses.

  8. 8
    Warner Bros. Discovery film-group layoffs (August 2025)

    About 10% of the motion picture group cut as WBD prepared to split itself in two — a structural cut rather than a cyclical one.

    Source ↗
  9. 9
    Netflix layoffs (May 2022)

    The first Netflix cut in this cycle was tiny by comparison — 150 jobs, under 1.4% of staff — but it came after a subscriber loss that had already wiped 70% off the stock.

    Source ↗
  10. 10
    Lionsgate voluntary severance (2024)

    A voluntary buyout that removed about 8% of US staff — a quieter cut, but one of the largest share reductions in the studio sector that year.

What DeepSeek noticed

Netflix is the outlier: its October 2026 cut came with a 34.6% operating margin that was rising, while most of the other large cuts on this list happened when margins were negative or falling. That is why it tops the ranking despite being smaller in absolute headcount than Disney's 2023 cut.

Source ↗
🇨🇳 Qwen10 places · 2 notes

The same question, answered by Qwen alone. The final list above combines all the AIs.

  1. 1
    Netflix (October 2026)

    The 6% cut that broke the rule: fired 1,000 people while profit margins hit a record 34.6%.

  2. 2
    Disney (Spring 2023)

    Iger’s 7,000-job purge saved $5.5B but cost the company its animation soul during a streaming cash burn.

    Source ↗
  3. 3
    Spotify (December 2023)

    A brutal 17% slash that proved podcast dominance couldn't survive the macroeconomic winter.

    Source ↗
  4. 4
    Paramount (Late 2025 / 2026)

    Skydance’s 3,000-job merger guillotine fell hardest on legacy TV as streaming revenue finally grew 17%.

    Source ↗
  5. 5
    Roku (September 2023)

    Cutting 10% of staff couldn't fix the ad slump, but it spiked the stock 14% the next day.

    Source ↗
  6. 6
    Warner Bros. Discovery (July 2024)

    Nearly 1,000 Max and finance jobs vanished just as the streamer promised its first real profit.

    Source ↗
  7. 7
    AMC Networks (Late 2022)

    A staggering 20% staff cut as 'The Walking Dead' studio faced a 20% plunge in ad revenue.

    Source ↗
  8. 8
    Amazon MGM Studios (January 2024)

    Sacrificed several hundred Prime Video roles and 35% of MGM+ to streamline the streaming empire.

    Source ↗
  9. 9
    Netflix (January 2023)

    450 animation and VFX jobs axed right when the post-pandemic subscriber boom officially stalled.

    Source ↗
  10. 10
    Vice Media (2023)

    The $5.7B valuation collapsed into bankruptcy, wiping out hundreds of jobs and a whole generation of edgy docs.

What Qwen noticed

Most massive entertainment layoffs, like Disney's 7,000-job purge in 2023 or AMC's 20% staff cut, happen during 'hard times' when legacy TV revenues collapse and streaming cash burn peaks.

Source ↗

Skydance's merger with Paramount triggered thousands of job cuts in late 2025, prioritizing legacy TV streamlining even as Paramount+ revenue growth hit 17%.

Source ↗