Netflix UK Cuts 2-3% of London Staff, Including VP Anna Mallett

Key points

• Anna Mallett, VP of physical production for the UK and EMEA, is among those affected by the latest round of cuts.
• The UK office saw a reduction of 2% to 3% of its staff, impacting several hundred employees.
• The cuts follow a global reduction of 1,000 roles, or 6% of the workforce, in mid-October.
• Mallett had been with Netflix since November 2020, overseeing productions like Baby Reindeer and Money Heist.
• Netflix co-CEO Ted Sarandos stated that the business is working but needs better execution in the US.

Background

This development follows a broader trend of cost-cutting measures in the streaming industry. In October 2026, Netflix announced its largest job cuts since 2022, reducing its global workforce by 6%. The UK cuts are part of this larger strategy to improve efficiency and address slower growth in certain markets. The company has also faced declining stock performance, prompting a focus on better execution and content strategy.

Why it matters

The layoffs signal a shift in Netflix's strategy, moving from aggressive expansion to a focus on efficiency and execution. The loss of key executives like Anna Mallett could impact the company's ability to produce high-quality content in the UK and EMEA regions. The cuts also reflect the broader challenges facing the streaming industry, including slower growth and increased competition.

What to watch

Netflix is expected to continue its focus on improving execution in the US and other markets. The company may also look to optimize its content strategy to ensure that titles can travel globally. The impact of the layoffs on the UK and EMEA production landscape will be closely monitored in the coming months.