Netflix replaces Bela Bajaria with Peter Rice following major layoffs
Peter Rice will replace Bela Bajaria as Netflix's chief content officer after the streamer laid off around 1,000 employees this week.
Bajaria departs after decade
Bela Bajaria is leaving her role at Netflix following ten years with the company. She most recently served as the chief content officer before stepping down. Co-CEO Ted Sarandos thanked her for a decade of dedication and innovation in a statement.
Rice takes over leadership
Former Disney and Fox executive Peter Rice will join the company to lead the global content organization. His new role involves overseeing scripted and unscripted series, films, live events, and sports across all regions. This appointment comes as part of a significant workforce reduction that marks the streamer's largest axing to date.
Restructuring affects film team
The restructuring also resulted in the departure of Netflix film vice president Doug Belgrad and director Sheroum Kim. Bajaria had joined the streamer in 2016 after leaving NBCUniversal where she produced shows like Unbreakable Kimmy Schmidt.
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