Netflix shares fall as earnings show slowing revenue growth and viewership

Summary

Netflix shares fell after its latest earnings failed to reassure investors, as the streaming company faces mounting competition. Netflix reported its third straight quarter of slowing revenue growth and acknowledged stagnating viewership, after laying off 6% of employees and removing its content chief and head of feature films. Reports also say Netflix plans to cut around 1,000 jobs.

Timeline

1. Euronews

   21 Oct 2026, 05:55 UTCSource ↗

   Euronews reports that Netflix shares fell after its latest earnings failed to cheer investors, amid mounting competition and slowing engagement and revenue growth, and that Netflix reportedly plans to cut around 1,000 jobs.

2. Semafor

   21 Oct 2026, 12:14 UTCSource ↗

   Semafor reports that Netflix posted its third straight quarter of slowing revenue growth and acknowledged its stagnating viewership, after laying off 6% of employees and removing its content chief and head of feature films.