The number comes from Puck and was relayed by Reuters: a restructuring that would hit around 5% of Netflix's roughly 16,000 full-time employees, or about 800 people. It would be the company's largest reduction since 2022. Which teams bear the brunt isn't clear, and Netflix hasn't confirmed anything — it declined to comment when asked. Treat it as a report, not a done deal. The timing is worth noting if you're in or around the company: Q3 earnings land October 20, so any announcement would likely come just before or alongside them.