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Inside Netflix’s creative clearout.

The Verge •
October 26, 2026 • 10:02 AM
• By Dominic Preston
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Alongside laying off 1,000 employees, Netflix has fired the heads of its film and content divisions this month. We’ve already explained the company can’t fire its way out of a slump that’s now hitting its engagement metrics, but Bloomberg recounts just why co-CEO Ted Sarandos thinks otherwise, and how he got here in the first place. [Link: Inside the Firings and Leadership Changes at Netflix | https://www.bloomberg.com/news/newsletters/2026-10-25/inside-the-firings-and-leadership-changes-at-netflix | Bloomberg]

Inside Netflix’s creative clearout.

Go Read This: The Verge’s favorite reads from all over the web

Alongside laying off 1,000 employees , Netflix has fired the heads of its film and content divisions this month. We’ve already explained the company can’t fire its way out of a slump that’s now hitting its engagement metrics , but Bloomberg recounts just why co-CEO Ted Sarandos thinks otherwise, and how he got here in the first place.

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