Netflix cuts film chief Dan Lin after laying off about 1,000 employees
Film head Dan Lin is out at Netflix, the latest exec to be ousted after the streamer's biggest layoff since 2022.
Dan Lin, Netflix's film chief, has been dismissed after overseeing the streaming service's most significant workforce reduction since 2022. Lin, who joined Netflix in 2024, was tasked with implementing cost-saving measures and expanding the variety of films available on the platform. During his tenure, Lin implemented significant changes, including reducing actor salaries and restructuring the department.
His film slate included Oscar-winning titles such as *The Kissing Booth*, *Happy Gilmore 2*, and *Frankenstein*. Lin's departure marks the latest high-profile exit at Netflix, following the recent termination of chief content officer Bela Bajaria, who was replaced by veteran Hollywood executive Peter Rice. Rice will oversee film productions until a new film chief is appointed.
Netflix's recent layoff of approximately 1,000 employees, equivalent to about 6% of its global workforce, occurred last week, signaling the company's broader strategic adjustments amid declining engagement and a stock price that has plummeted over 40% in the past year. The streaming giant is grappling with stiff competition from free, ad-supported platforms like YouTube and the surge in popularity of social video content.
In recent months, Netflix has been bolstering its content library by partnering with podcasters and creators. The company is expected to announce its third-quarter earnings after the market closes on Tuesday.
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