Netflix Reportedly Cuts Jobs and Fires an Executive
Netflix is reportedly making layoffs and has also abruptly fired an executive. The moves appear aimed at reshaping how the streamer's story is being told, though the reporting so far is brief.
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#Layoffs
Netflix Cuts 1,000 Jobs and Replaces Its Content Chief
Netflix is cutting roughly 1,000 jobs, its largest layoff to date, and has replaced chief content officer Bela Bajaria with veteran Peter Rice, who previously worked at Disney and 21st Century Fox. The shake-up comes even though the streamer posted an $11 billion net profit in 2025 on revenue that climbed 16% to $46.6 bill
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