Netflix Restructuring Raises Questions About Future Content Strategy
Reported job cuts and a change in content leadership reshape the streamer’s organization.
By Ledger Staff · Originally reported · Posted
Netflix began a round of layoffs affecting approximately 1,000 employees, or 6% of its global workforce, Deadline reported on October 14, 2026. Product, technology, legal and human-resources teams were among those most affected. Co-chief executives Ted Sarandos and Greg Peters described the cuts in a memo outlining organizational changes.
Deadline reported the following day that chief content officer Bela Bajaria was leaving and former Disney executive Peter Rice had replaced her. The staffing reductions and leadership change are separate developments within the broader reorganization. Their consequences for specific film and television commissions had not been established in those announcements.
