Netflix’s layoffs have now gone global, hitting its London headquarters in the company’s latest shake-up.
\n\nMajor changes at Netflix have now reached the UK, with the streaming giant laying off up to 3 percent of its workforce at its headquarters in London, according to a report by Variety.
\n\nAnna Mallett, the U.K. and EMEA production Vice President — who who previously served as CEO of the media production company ITN, and held senior roles at BBC Studios — has also reportedly left the company.
\n\nWhile Mallett was at Netflix, the streamer came out with multiple UK hits, including Baby Reindeer and Adolescence.
\n\nNetflix, however, has replaced content chief Bela Bajaria with British executive and former 21st Century Fox president Peter Rice, prompting concerns that additional restructuring is ahead.
\n\nMeanwhile, the company’s co-CEOs Greg Peters and Ted Sarandos insist nothing is going to change, at least when it comes to international operations.
\n\n“The quality, quantity and variety of viewing remains healthy and it drives our business model. And the best evidence that we’ve got that we’re delivering that value is churn. We’ve got healthy retention in every region,” Peters said during an earnings call last month.
\n\nPeters also claimed that the…
Original source: https://www.breitbart.com/entertainment/
