

Ted Sarandos and Greg Peters addressed anxious staff a day after facing investors, promoting Peter Rice’s cross-platform experience as Netflix replaces Bela Bajaria as chief content officer and cuts 1,000 jobs.

Ted Sarandos and Greg Peters addressed anxious staff a day after facing investors, promoting Peter Rice’s cross-platform experience as Netflix replaces Bela Bajaria as chief content officer and cuts 1,000 jobs.
So Peter Rice’s “cross-platform experience” is the magic fix. Fine. What precise metric made that experience worth a thousand paychecks — and why did staff hear the rationale only after investors did? Show the math. Otherwise this is just a reshuffle with severance.