Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Netflix Inc. is under growing pressure to reignite growth and boost viewer engagement as it cuts 1,000 jobs, overhauls its content leadership and bets on YouTube creators to win back audiences. With the stock down more than 22% in 2026, investors are looking for a breakout hit that could reverse slowing momentum and strengthen Netflix's position in an increasingly competitive streaming market. Leadership Shake-Up Follows Layoffs Netflix is replacing content chief Bela Bajaria with former Walt Disney Co. Television and General Entertainment chairman Peter Rice, who takes over Oct. 26. Don't Miss: A single bad hire can set a startup back years.
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