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

Key points

• Approximately 2% to 3% of Netflix's London office staff have been laid off.
• Anna Mallett, VP of Production for the UK and EMEA, is among those departing.
• Mallett previously served as CEO of ITN and Group COO at BBC Studios.
• The UK cuts follow a global reduction of 1,000 positions, or 6% of the workforce.
• Content chief Bela Bajaria was recently replaced by Peter Rice.

Background

These UK redundancies follow a major global restructuring announced in October 2026, where Netflix cut 1,000 jobs, primarily in product, technology, legal, and HR teams. The company has faced internal tensions between its Hollywood and technology divisions, as well as investor scrutiny over stalled growth. Additionally, a failed $500 million licensing deal with Xbox and the collapse of a Warner Bros. acquisition bid have contributed to the current strategic crisis.

Why it matters

The departure of high-profile figures like Mallett signals that the restructuring is extending beyond core technical and legal teams into creative leadership. This may impact Netflix's ability to maintain its recent success in the EMEA region, where titles like 'Baby Reindeer' and 'Money Heist' have been significant hits. The changes reflect a broader shift toward fiscal discipline and strategic focus amid declining viewership and stock value.

What to watch

Netflix will likely continue to monitor the impact of these cuts on its content pipeline and regional operations. The company may further adjust its leadership structure as it navigates slower growth and seeks to stabilize its financial performance. Future announcements may focus on new content strategies or additional cost-saving measures.