
Netflix Replaces Content Chief Bela Bajaria with Peter Rice Amid Layoffs and Stock Plunge
Netflix has replaced Chief Content Officer Bela Bajaria with former Disney executive Peter Rice, effective October 26. The leadership change follows a decade-long tenure for Bajaria and coincides with the company's largest-ever layoff of 1,000 employees. The move occurs amid slowing viewer growth, a 40% stock decline, and a sharp drop in Emmy awards, prompting industry speculation that the change addresses broader business model issues.











