From Business Insider · Lucia Moses · · 1m
Netflix ousts film chief Dan Lin in latest exec purge
Dan Lin, hired to cut costs at Netflix's film division, is out after the streamer laid off 1,000 employees.
In brief
Dan Lin, hired to cut costs at Netflix's film division, is out after the streamer laid off 1,000 employees. Netflix removed film chief Dan Lin following a layoff of one thousand employees, or about six percent of its global workforce. Originally reported by Business Insider.
Netflix film chief Dan Lin is out
Dan Lin, hired as Netflix's film chair in two thousand twenty-four to cut costs and add variety, has been ousted. He reduced actor paychecks, cut staff, and reorganized his department.
Netflix laid off one thousand employees
Netflix cut about one thousand employees, or about six percent of global head count, last week. It was the streamer's largest layoff since two thousand twenty-two.
Peter Rice takes over film temporarily
Chief content officer Bela Bajaria was also ousted and replaced by Peter Rice, a former Disney and Fox executive. Rice will oversee film until a new head is announced.
The main idea
Netflix removed film chief Dan Lin following a layoff of one thousand employees, or about six percent of its global workforce.
