Netflix Cut Dozens Of Product-Team Jobs In February 2026

By Lior Samfiru, Employment Lawyer, Samfiru Tumarkin LLP

Netflix cut several dozen jobs in its product division in February 2026 as part of a reorganization, according to reporting published on February 12.

The reductions affected fewer than 1% of the division’s approximately 6,000 employees. Reports identified middle-management and administrative roles among the positions cut, but did not identify whether Canadian employees were affected.

What Happened In Netflix’s Product Division?

Deadline reported that the February cuts were part of an internal reorganization. Senior executives in the product division were not among those let go.

The reductions followed Elizabeth Stone’s February 2 promotion from chief technology officer to chief product and technology officer. Her expanded role brought oversight of Netflix’s product, engineering and data teams together.

TheWrap also reported the layoffs and said Netflix declined to comment. The reported figure of approximately 6,000 employees referred to the product division, not Netflix’s entire workforce.

Were Canadian Employees Affected By The February Cuts?

The February reports did not identify whether any affected employees worked in Canada. The several dozen positions reported should not be described as Canadian layoffs.

The reporting also did not disclose individual severance offers or establish what compensation any Canadian employee received.

What Should Canadian Employees Know After A Layoff?

Employment standards minimums are not necessarily your full severance entitlement. Non-unionized employees can receive substantially more. Severance can reach 24 months’ pay, depending on the employment contract and factors such as age, position, length of service and the availability of similar work.

Don’t sign a severance agreement before understanding what you’re owed. Keep your termination letter, employment contract and offer so an employment lawyer can review them together. An employer’s deadline to sign is different from your legal deadline to pursue compensation.

Have Your Severance Offer Reviewed

Samfiru Tumarkin LLP helps non-unionized employees in Ontario, Alberta and British Columbia review severance offers and pursue the compensation they’re owed. A severance package review can explain whether your offer is fair and what your next steps are.

Before you sign, always check first.

Sources

• Deadline, via Yahoo Finance: Netflix product-division layoffs, February 12, 2026
• TheWrap: Netflix product-team layoffs, February 12, 2026
• Ontario: Termination of employment and rights beyond minimum standards

Disclaimer: This article summarizes reporting about Netflix’s February 2026 product-division layoffs and provides general employment law information, not legal advice. It does not suggest wrongdoing by Netflix or assess any individual severance offer. Your rights depend on your employment circumstances, contract and applicable law.