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Entertainment

Netflix Product Division Undergoes Layoffs

EXCLUSIVE: Netflix‘s product division has pink-slipped workers across middle management and admin divisions, Deadline has learned. Sources familiar with the layoffs note they amount to several dozen, or less than 1% of the 6,000-employee division. The cuts are part of a reorganization, and no senior executives in the product division were let go.

Netflix Layoffs

Netflix Layoffs

Credit: Deadline

Key Highlights

  • Related Stories Culture List Of Hollywood & Media Layoffs From Paramount To Warner Bros Discovery To CNN & More News Amazon Laying Off Another 16,000 Staffers The news comes in the wake of Netflix promoting their CTO, Elizabeth Stone, to Chief Product and Technology Officer on February 2.
  • Stone’s purview now extends to the company’s product, engineering and data groups.
  • Netflix’s previous chief product officer, Eunice Kim, exited last September after a four-year run.
  • Kim left after launching the first update of the Netflix user interface in more than a decade, an initiative cited by management as a key driver of recent subscriber growth.
  • Watch on Deadline Netflix didn’t have any comment on the cutbacks when contacted by Deadline.
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Sources

  1. Netflix Product Division Undergoes Layoffs

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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