Netflix Co-CEOs Address Layoffs and Executive Changes

Netflix co-CEOs Ted Sarandos and Greg Peters explain post-layoffs executive shakeup after cutting 1,000 staff.

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Oct 22, 2026

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Netflix Co-CEOs Address Layoffs and Executive Changes

Netflix co-CEOs Ted Sarandos and Greg Peters explain post-layoffs executive shakeup after cutting 1,000 staff.

In brief

Netflix co-CEOs Ted Sarandos and Greg Peters explain post-layoffs executive shakeup after cutting 1,000 staff. Netflix cut 1,000 employees and replaced Chief Content Officer Bela Bajaria with Peter Rice after Q3 earnings call. Originally reported by Deadline.

Netflix co-CEOs

Ted Sarandos and Greg Peters faced anxious investors after mixed Q3 earnings results.

Layoffs and Executive Changes

Netflix cut 1,000 employees and replaced chief content officer bela bajaria with peter rice.

Town Hall Meeting

Peters said job cuts are over for the foreseeable future after employees learned about layoffs via press.

What to remember

Netflix cut 1,000 employees and replaced Chief Content Officer Bela Bajaria with Peter Rice after Q3 earnings call.

Read the original on Deadline

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