A day after Netflix co-CEOs Ted Sarandos and Greg Peters faced anxious investors on the company’s Q3 earnings call after reporting mixed financial results, the duo on Wednesday faced anxious staffers at a town hall meeting after laying off 1,000 and shaking up the executive ranks by replacing Chief Content Officer Bela Bajaria with Peter Rice and also ousting head of film Dan Lin.
The one-two punch of the layoffs on Wednesday, followed by the Bajaria exit on Thursday, which Netflix employees found out about from the press before the news
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