Netflix Makes UK Layoffs Including Anna Mallett
Key Points:
- Netflix has implemented layoffs in its London office, affecting approximately 2% to 3% of staff, including Anna Mallett, the VP Production for the UK and EMEA.
- Anna Mallett, a prominent industry figure and former CEO of ITN, had been with Netflix for over five years and contributed to successful EMEA productions like Baby Reindeer and Money Heist.
- These UK layoffs follow Netflix's global reduction of around 1,000 roles, or 6% of its workforce, impacting departments such as product, tech, legal, and HR.
- High-profile departures at Netflix also include content chief Bela Bajaria and film boss Dan Lin, with Bajaria replaced by UK-born Peter Rice amid the company's strategic restructuring.
- Netflix is facing challenges with slower growth, declining viewership, and falling stock prices, prompting these organizational changes.