Netflix Layoffs - Severance, Resources & Job Search Tips

Information for Netflix employees affected by layoffs. Severance details, alumni networks, job search resources, and career transition tips.

Netflix Layoffs

Technology (Streaming) | Los Gatos, CA | ~13,000 employees
4-6 months
Typical Severance
2
Recent Layoff Events
Technology (Streaming)
Industry

Severance Information

What to Expect

Known for generous severance, often 4-6 months regardless of tenure.

Note: Severance packages vary by role, tenure, and specific circumstances. This is general guidance based on reported packages.

Layoff History

May 2022

150 affected

Slowing revenue growth

June 2022

300 affected

Continued adjustments

Resources for Netflix Alumni

Entertainment tech networks
Streaming industry connections
LA/Hollywood tech

Career Transition Tip

Netflix's high-performance culture experience is respected. Emphasize ownership and impact.

Next Steps

  1. Review your severance package carefully - Don't sign immediately. You typically have 21-45 days.
  2. File for unemployment - Do this right away in your state. Find your state's guide
  3. Update your LinkedIn and resume - Include quantifiable achievements from Netflix
  4. Tap into alumni networks - Netflix alumni are often eager to help
  5. Consider your health insurance options - Compare COBRA vs. ACA marketplace plans

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