Entertainment
Netflix Announces Layoffs and Leadership Changes
Netflix has announced the layoff of 1,000 employees as part of a restructuring plan. Co-CEO Greg Peters emphasized that this decision was necessary for long-term growth in an evolving media landscape.
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Deadline
Five days after Bela Bajaria was fired as Netflix’s Chief Content Officer and replaced by Peter Rice, Ted Sarandos had nothing but kind words for his former loyal lieutenant, kinda. “Bela had an incredible decade-long run here,” the amped up co-CEO said during Netflix’s Q3 ea
2026-10-20 21:11 UTC
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Netflix co-CEO Greg Peters said the giant streamer’s move to cut 1,000 jobs last week reflects a fast changing media landscape that requires hard questions about “where we can trim or redirect how we’re investing.” “We do not take these decisions lightly, but we also be
2026-10-20 22:11 UTC