Netflix and Cleveland-Cliffs Among Firms Announcing Job Cuts Oct. 17–18

Netflix, Inc. and Cleveland-Cliffs, Inc. were among nine employers that reported workforce reductions between October 17 and October 18, affecting a combined 3,272 employees across multiple sectors.

Overview

• Total layoffs reported: 9
• Total employees affected: 3,272

Major employers and counts

• Netflix, Inc. — 1,000 employees affected, reported by CNBC, Cartoon Brew and Page Six.
• Cleveland-Cliffs, Inc. — 500 employees affected, reported by Toronto Star, thecanadianpressnews.ca and BNN Bloomberg.

Other companies reporting cuts

• University of Southern California — part of the 1,350 Consumer Discretionary sector total; reporting attributed to Annenberg Media.
• Ritz-Carlton, Bal Harbour — included in the Consumer Discretionary sector total; reported via a WARN filing with state regulators.
• Hard Rock Cafe — included in the Consumer Discretionary sector total; reported by Hoodline.
• Flock Safety — part of the Industrials sector; reporting credited to Business Upturn, The Times of India and CXO Digitalpulse.
• Behlen Building Systems - Behlen Mfg., Co. — reported via a WARN filing with state regulators; included in the Industrials sector.
• Mezz57th, LLC — 69 employees affected in Other Services (except Public Administration); reported via a WARN filing with state regulators.
• FreedomRoads — 28 employees affected in Retail Trade; reported via a WARN filing with state regulators.

Sector breakdown

• Consumer Discretionary: 3 layoff notices, 1,350 employees affected (includes University of Southern California, Ritz-Carlton, Bal Harbour, Hard Rock Cafe).
• Communication Services: 1 layoff notice, 1,000 employees affected (Netflix, Inc.).
• Materials: 1 layoff notice, 500 employees affected (Cleveland-Cliffs, Inc.).
• Industrials: 2 layoff notices, 325 employees affected (Flock Safety; Behlen Building Systems - Behlen Mfg., Co.).
• Other Services (except Public Administration): 1 notice, 69 employees affected (Mezz57th, LLC).
• Retail Trade: 1 notice, 28 employees affected (FreedomRoads).

Reporting notes

Layoff reporting sources include news outlets and WARN filings; where provided, attribution follows the reporting in the supplied data (for example, Netflix, Inc. per CNBC, Cartoon Brew and Page Six; Behlen Building Systems - Behlen Mfg., Co. via a WARN filing with state regulators).

This summary is limited to the details and attributions provided in the supplied reports for October 17–18, 2026.