The Netflix layoffs reveal what corporate America is getting wrong
Published . Updated .
This report does not map to a usual set of affected companies.
Directly affected
- NFLX Netflix-18.0% 30d
Named in this report.
Indirectly affected
- XLC Communication Services Select Sector SPDR-3.0% 16d
Communication Services Select Sector SPDR holds the communications sector that Netflix belongs to, so it often moves with news about it.
- CNK Cinemark Holdings+6.5% 18d
Cinemark Holdings is a large communications company like Netflix; big names in a sector often move together.
- VZ Verizon Communications-16.0% 17d
Verizon Communications is a large communications company like Netflix; big names in a sector often move together.
- TMUS T-Mobile US-18.6% 30d
T-Mobile US is a large communications company like Netflix; big names in a sector often move together.
- T At&T-22.0% 30d
At&T is a large communications company like Netflix; big names in a sector often move together.
- SPOT Spotify Technology S.A+2.9% 30d
Spotify Technology S.A is a large communications company like Netflix; big names in a sector often move together.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| NFLX | +7.46% | +4.98% | base | after close | after close | after close | after close |
| XLCNo price data for this ticker | — | — | — | — | — | — | — |
| CNKNo price data for this ticker | — | — | — | — | — | — | — |
| VZNo price data for this ticker | — | — | — | — | — | — | — |
| TMUSNo price data for this ticker | — | — | — | — | — | — | — |
| TNo price data for this ticker | — | — | — | — | — | — | — |
| SPOTNo price data for this ticker | — | — | — | — | — | — | — |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
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The Netflix layoffs reveal what corporate America is getting wrong Fortune
Source: Fortune
This story
| Company | When | Move | Status |
|---|---|---|---|
| NFLX | three days earlier | +4.98% | final price |
| NFLX | five days earlier | +7.46% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Rohit Khanna sold Netflix (NFLX) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 32 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Cleo Fields bought Netflix (NFLX), worth $1,001 - $15,000 on 14 Sep 2026. That is 43 days before publication. Filed 1 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Netflix (NFLX) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 53 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Verizon Communications (VZ) (held by a spouse), worth $15,001 - $50,000 on 25 Sep 2026. That is 32 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Gilbert Cisneros bought Verizon Communications (VZ), worth $1,001 - $15,000 on 18 Sep 2026. That is 39 days before publication. Filed 12 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Verizon Communications (VZ) (held by a dependent child), worth $1,001 - $15,000 on 15 Sep 2026. That is 42 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought T-Mobile US (TMUS), worth $15,001 - $50,000 on 28 Aug 2026. That is 60 days before publication. Filed 8 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, sold T-Mobile US (TMUS), worth $500,001 - $1,000,000 on 21 Aug 2026. That is 67 days before publication. Filed 8 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, sold T-Mobile US (TMUS), worth $1,001 - $15,000 on 10 Aug 2026. That is 78 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. David J. Taylor bought At&T (T), worth $1,001 - $15,000 on 9 Oct 2026. That is 18 days before publication. Filed 15 Oct 2026. View the filing.
- Rep. Rohit Khanna bought At&T (T) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 53 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought At&T (T), worth $1,000,001 - $5,000,000 on 21 Aug 2026. That is 67 days before publication. Filed 8 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
This story
12 out of 100
“The Netflix layoffs reveal what corporate America is getting wrong” scores 12 out of 100. The score uses 1 sources.