https://www.live-feeds.com/feed/netflix-makes-major-cuts-and-hollywood-turns-on-the-silicon-valley-on-the-lotContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/netflix-makes-major-cuts-and-hollywood-turns-on-the-silicon-valley-on-the-lothttps://www.live-feeds.com/feed/netflix-makes-major-cuts-and-hollywood-turns-on-the-silicon-valley-on-the-lot#u141570Wed, 21 Oct 2026 01:57:04 +0000Netflix has eliminated about 1,000 jobs, representing roughly 6% of its workforce, in its largest round of cuts since 2022. The restructuring includes major departures across animation, unscripted, TV, and film, including Film VP Doug Belgrad. Simultaneously, the company replaced Chief Content Officer Bela Bajaria with former Disney executive Peter Rice. These moves occur as the company adjusts its competitive strategy and prepares for a major earnings report.Why it mattersThe company is currently in open warfare with YouTube over the availability of cheap, infinite content. This regime change