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Netflix Lays Off About 1,000 Employees, 6% of Workforce; Film VP Doug Belgrad Out
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Netflix is laying off roughly 1,000 employees, about 6% of its workforce, in its biggest round of job cuts since 2022, according to CNBC, BBC and Reuters. The layoffs affect both film and television divisions. Variety reports that Netflix Film VP Doug Belgrad is out amid the cuts, while Deadline names TV executives Lisa Lang McMullen, James Oh, Andrew McQuinn and Carolina Garcia among those impacted. The reports describe the reductions as spanning worldwide operations, though the aggregated headlines do not specify the company's stated reasons or expected financial impact.
Source report
Netflix is cutting approximately 1,000 jobs worldwide, amounting to roughly 6% of its workforce — the company's largest layoff since 2022.
Key Developments
- Film division: Netflix Film VP Doug Belgrad is out amid the layoffs. (Variety)
- TV division: Among the TV executives impacted are Lisa Lang McMullen, James Oh, Andrew McQuinn, and Carolina Garcia. (Deadline)
- Scale: The cuts represent about 6% of jobs across the company. (Reuters)
Sources
- Variety
- CNBC
- Deadline
- BBC
- Reuters
Source
Top stories - Google NewsNeutral / independent
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Netflix cuts about 1,000 jobs, roughly 6% of global workforce