Netflix Undergoes Layoffs in Film Department

According to sources, Netflix is undergoing a significant restructuring within its film department, resulting in the layoff of 15 employees. The news comes as Dan Lin, the newly appointed head of Netflix’s film division, delivered the news to staff on Monday morning.

The restructuring follows last month’s announcement that Lin would be replacing Scott Stuber as the leader of Netflix’s film operations. Stuber had previously announced his plans to depart the position earlier this year.

Under the new structure, the film department will be divided by genre, with specific executives overseeing different areas:

– Ori Marmur will be responsible for action, fantasy, horror, and sci-fi titles.
– Kira Goldberg will oversee thrillers, dramas, and family films.
– Niija Kuykendall will handle faith-based, young adult, and holiday offerings.
– Jason Young will be in charge of comedies and romantic comedies.

Insiders suggest that this reorganization has been in the works for the past month and is part of a broader effort to streamline Netflix’s film division. While the 15 layoffs are not named, sources indicate that Netflix may look to bring in new talent to fill certain roles as part of this restructuring.

The changes come as Netflix continues to navigate a challenging landscape, with slowing subscriber growth and increased competition from other streaming services. The company has been working to cut costs and optimize its operations, and this restructuring appears to be part of those efforts.