Netflix’s 1,000-Job Layoff Wave… Film Chief Resigns Ahead of October 20 Earnings, Top Executives Exit in Droves
U.S. TV share falls 7.8% and $300 million blockbuster flops as key executives, including film chief Dan Lin, depart one after another
Content leadership vacuum and a string of big-budget film failures As global streaming giant 'Netflix' faces a severe slowdown in growth and the risk of losing viewers, a wave of departures among key executives is accelerating.