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Business Insider·3 min read·medium

Netflix cuts film chief Dan Lin after laying off about 1,000 employees

Netflix cuts film chief Dan Lin after laying off about 1,000 employees
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Netflix has dismissed film chief Dan Lin following a company-wide layoff of 1,000 employees, representing 6% of its workforce. The streaming giant is currently navigating slowing growth and increased competition from ad-supported platforms.

Why it matters

The leadership shakeup at Netflix underscores the broader challenges facing major streaming services as they shift focus from high-budget content to cost discipline and profitability.

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Dan Lin, with Ava DuVernay, is Netflix's latest exec cut. Kate Green/Getty Images for Netflix Netflix's film chief Dan Lin is out after two years. He's the latest top exec to exit following a 6% cut at the streamer, its biggest since 2022. New content chief Peter Rice will oversee film until a successor to Lin is announced. Film head Dan Lin is out at Netflix, the latest exec to be ousted in the wake of the streamer's biggest layoff since 2022 . Lin was hired as film chair in 2024 with a mandate to bring greater cost discipline and variety to Netflix's films, which had focused on big-budget output under his predecessor, Scott Stuber. Lin cut big upfront paychecks to actors, reduced staff, and reorganized his department. He oversaw a slate that included Oscar-winning "KPop Demon Hunters," "Happy Gilmore 2," and "Frankenstein."

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