Netflix film executive Doug Belgrad leaving amid cuts of about 1,000 jobs
Trade publications reported Belgrad’s departure on October 14 as Netflix announced cuts affecting about 6% of its workforce, primarily across corporate teams.
Netflix film executive Doug Belgrad is leaving the company amid a workforce reduction of about 1,000 jobs, trade publications reported on October 14. His departure affects an executive involved in the streaming service’s original-movie slate as Netflix cuts roughly 6% of its workforce.
Deadline reported that Netflix confirmed Belgrad’s exit and described it as part of the layoffs. Variety said he had been let go amid a restructuring. The Hollywood Reporter, citing sources, said he had been laid off. The reports do not specify when his departure takes effect.
How the Netflix job cuts were announced
Netflix co-CEOs Ted Sarandos and Greg Peters informed staff on Wednesday, October 14, that the company would cut around 1,000 employees, according to Variety and The Hollywood Reporter. Variety described the reduction as Netflix’s largest to date; The Hollywood Reporter called it the company’s largest restructuring in four years.
Most of the cuts would affect product, technology, legal and human-resources teams, Variety reported, citing the message sent to staff. Belgrad’s reported departure shows the changes also reach the film operation.
Variety quoted the co-CEOs’ staff memo as saying Netflix’s priority was to support departing employees and that the process would vary by country. The Hollywood Reporter also quoted the memo, which described the changes as tough and called this a dynamic time for entertainment.
Doug Belgrad’s role in Netflix film
Belgrad joined Netflix in May 2024, according to Variety. Deadline described him as film chairman Dan Lin’s first hire after Lin replaced Scott Stuber. The Hollywood Reporter characterized Belgrad as a close executive to Lin and said he had been involved in managing Netflix’s original-movie slate.
Before Netflix, Belgrad spent more than 25 years at Sony, most recently as president of Sony Pictures Entertainment’s Motion Picture Group, Variety reported. Deadline said that after leaving Sony he formed 2.0 Entertainment, which produced or co-financed Gran Turismo and Bad Boys: Ride or Die.
Sources and context
- Doug Belgrad Leaving As Netflix VP Of Film Amid LayoffsDeadline
- Netflix Film VP Doug Belgrad Is Out Amid LayoffsVariety
- Netflix Film VP Doug Belgrad Out In LayoffsThe Hollywood Reporter
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