# Netflix Cuts 850 Jobs Amid Tech Layoffs

> Netflix reportedly cutting 850 jobs as tech and media layoffs continue.
- Title: Netflix Cuts 850 Jobs Amid Tech Layoffs · Music Ally
- Summary: Netflix reportedly cutting 850 jobs as tech and media layoffs continue. Netflix is reportedly cutting 5% of its global workforce, 850 jobs, due to AI…
- Keywords: netflix, job cuts, tech layoffs, investor pressure, streaming platforms, music, business, technology, Cuts, 850, Jobs, Tech
- Source: Music Ally — https://musically.com/2026/10/12/netflix-reportedly-cutting-850-jobs-as-tech-and-media-layoffs-continue
- Author: Joe Sparrow
- Published: 2026-10-12T12:45:00+00:00
- Read time: 1 min
- Topics: netflix, job cuts, tech layoffs, ai, investor pressure, streaming platforms, music, business, technology
## Netflix job cuts
Netflix reportedly cutting 850 jobs, 5% of its global workforce of 17,000.
## AI and investor pressure
AI adoption and investor pressure drive Netflix's job cuts amid tech and media layoffs.
## Share price impact
Share prices dip after layoffs, but some companies see short-term gains.
## Key takeaway

Netflix is reportedly cutting 5% of its global workforce, 850 jobs, due to AI adoption and investor pressure.