In a major executive shake-up, Bela Bajaria is out at Netflix after 10 years at the streamer, most recently serving as its chief content officer.
\n\nShe will be replaced by former Disney and Fox executive Peter Rice, as first reported by Puck. As chief content officer, Rice will lead Netflix’s global content organization, overseeing scripted and unscripted series, film, live events and more across all regions.
\n\nBajaria’s exit comes amid a significant workforce reduction at Netflix. Around 1,000 employees (6% of the company) were laid off this week in what marks the streamer’s largest axing to date. Netflix’s film VP Doug Belgrad and film director Sheroum Kim were also pink slipped as part of the restructuring.
\n\n“I want to thank Bela for a decade of dedication, innovation, creativity and leadership,” Sarandos, Netflix’s co-CEO, said in a statement. “She led enormous changes at Netflix. She helped broaden our content offering to include the large-scale expansion of unscripted programming and the launches of live events and sports, in addition to crafting and running a world class, global slate of films and series. I’m incredibly grateful for everything she’s done to help Netflix entertain the world.”
\n\nBajaria joined Netflix in 2016 after she…
Original source: https://variety.com/