Netflix Lays Off 4 of Its Top TV Execs
Netflix has laid off approximately 1,000 employees, including several high-level television executives, as part of a broader corporate reorganization. The company stated the cuts are necessary to maintain discipline and prioritize resources amid a challenging entertainment landscape.
Why it matters
These layoffs reflect ongoing volatility and cost-cutting measures within the streaming industry as companies adjust to slower growth expectations.
Among the roughly 1,000 Netflix staffers laid off on Wednesday were TV executives Lisa Lang McMullen, James Oh, Carolina Garcia and Andrew McQuinn.
McMullen was most recently director of overall deals and series at Netflix , Oh was director of drama series, Garcia and McQuinn both held the title of director of original series.
Also laid off were Jason Pan, manager of original series, Aaron Davidson, manager of adult animation comedy, and Dan Evans, manager of original animation.
The Netflix cuts impacted about 6 percent of employees, mostly from its product, tech, legal and HR teams. It is the streamer’s largest layoff since 2022. The movie division was also impacted in the reorg, with film vp Doug Belgrad and exec Sheroum Kim exiting.
Netflix co-CEOs Ted Sarandos and Greg Peters announced the staff reduction via email this morning.
Also covering this story
7 other newsrooms covered this event. We read each version separately.
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