Netflix Replaces Bela Bajaria With Peter Rice Amid Cuts and Share Pressure
The content leadership change comes alongside roughly 1,000 job cuts, with Netflix facing a falling share price and questions about how to accelerate growth.
Read the full story → · Latest coverage 20 Oct 2026, 8:24 pm UTC
Chapters · 2
Key moments · 11
Declining Netflix share price adds pressure for change
Financial Times ↗Netflix sheds about 1,000 employees amid leadership shakeup
The Hollywood Reporter ↗Bela Bajaria's departure reported after decade at Netflix
Variety Movies ↗Netflix names Peter Rice as chief content officer
Deadline Hollywood ↗New reporting describes Bajaria's exit as a firing
Variety Movies ↗Staff brace for further upheaval after Netflix shakeup
Deadline Hollywood ↗Hollywood reacts to Bajaria's shock firing
r/entertainment ↗Italian coverage links Netflix shakeup to market pressures
Fanpage ↗Netflix names Rice to run global content organisation
The Next Web ↗Dan Lin firing widens Netflix's content leadership shakeup
DER SPIEGEL - Schlagzeilen – Tops ↗Netflix shares fall 6% despite an earnings beat
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