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Netflix Reshuffles Content Leadership: Peter Rice Replaces Bela Bajaria as Chief Content Officer, About 1,000 Jobs Cut

Monday, October 26, 2026 · Technology · GSM News

Netflix co-CEO Ted Sarandos traveled to Seoul for a two-day fan event as the company reshuffled its content leadership, The Hollywood Reporter reported. Peter Rice has replaced Bela Bajaria as chief content officer.

The changes include layoffs affecting roughly 1,000 employees. Sarandos's two-day Seoul trip for fan events took place as the leadership changes were made.

Source: GSM · USA (original Chinese edition)

Photo: Coolcaesar / Wikimedia Commons, CC BY-SA 3.0

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