01:02 PM EDT, 03/12/2026 (MT Newswires) -- Netflix ( NFLX ) has cut jobs in its global product team, particularly its creative studio unit, in an internal reorganization, multiple media outlets reported Thursday, citing sources.

Variety reported that the job cuts amounted to "several dozen," while Deadline said the number could be "as many 20+."

The job cuts were not related to performance and represented a small percentage of the overall team, according to the reports.

Some of the employees were made redundant, while others were transferred to other roles within the company, the reports said.

Netflix ( NFLX ) did not immediately reply to a request for comment from MT Newswires.

Price: 94.31, Change: -0.57, Percent Change: -0.60