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Netflix issues weak fourth-quarter forecast, shares drop

LOS ANGELES, Oct 20 (Reuters) - Netflix ⁠issued a weaker-than-expected forecast for fourth-quarter profit on Tuesday, days after the streaming pioneer laid off 6% of ⁠its workforce and replaced two of its top programming executives.

The Star MalaysiaLisa Richwine查看原文 ↗
Netflix发布疲弱的第四季度业绩预期,股价下跌

A drone view shows the Netflix logo on one of their buildings in the Hollywood neighborhood of Los Angeles, California, December 8, 2025. REUTERS/Daniel Cole

LOS ANGELES, Oct 20 (Reuters) - Netflix ⁠issued a weaker-than-expected forecast for fourth-quarter profit on Tuesday, days after the streaming pioneer laid off 6% of ⁠its workforce and replaced two of its top programming executives.

Shares of Netflix fell more than 5% to $68.69 ‌in after-hours trading.

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