Netflix TV Executives Lisa Lang McMullen, James Oh, Carolina Garcia and Andrew McQueen Among Those Laid Off
Including Jason Pan, Aaron Davidson and Dan Evans.
Among the nearly 1,000 Netflix employees laid off on Wednesday were TV executives Lisa Lang McMullen, James Oh, Carolina Garcia and Andrew McQueen.
McMullen was most recently Netflix's director of general series and deals, while Oh was a director of drama series, while Garcia and McQueen both served as original series directors.
Original series director Jason Penn, adult comedy director Aaron Davidson and original animation director Dan Evans were also fired.
Netflix's cuts affected about 6 percent of employees, mostly from its product, technology, legal and human resources teams. This is the biggest streamer layoff since 2022. The film division of the organization was also affected, with film VP Doug Belgrade and film executive Shrom Kim leaving.
Netflix CEOs Ted Sarandos and Greg Peters announced the layoffs via email this morning.
"Our mission — to entertain the world — is ambitious, and doing so requires us to be disciplined about where we prioritize our people and resources," the company's CEOs wrote in a memo obtained by THR. "Our business is strong and growing, and we remain on track to deliver on our full-year forecast. We will continue to invest aggressively in high-impact areas to improve our services and further drive growth and innovation. Doing so means focused choice across the business so we can continue to serve our members, partners, employees and investors."
"We know changes like this are difficult, but let's face it. It's one of the most dynamic times in entertainment history — and it's a moment that's perfect for a company like ours built at the intersection of technology and entertainment." "Now it's up to us to step up and meet that moment together, as always," Sarandos and Peters continued.
Netflix will announce its third quarter earnings next week.
At a recent Bloomberg Screentime event, Saranos acknowledged that Netflix "isn't growing as fast as I want it to." Stream leader engagement isn't particularly good - Netflix is hoping that recent hits like Below and East of Eden can increase screen time.
Deadline first reported the news of the dismissal of TV executives and directors.