Investing.com -- Netflix Inc (NASDAQ:NFLX) is cutting roughly 2% to 3% of its workforce at its London hub, parting ways with regional production chief Anna Mallett as part of a wider restructuring drive, according to reporting from Deadline. The regional retrenchment follows the streaming giant's announcement two weeks ago to eliminate about 1,000 roles worldwide, or approximately 6% of its global employee base. Still guessing which stocks will beat the market? Our AI portfolio updates monthly and is outperforming the S&P 500 by 118%. See this month's list » Mallett, who served as Vice President of Production for the UK and EMEA, joined Netflix in 2021 after holding leadership posts as chief executive of ITN and operating chief at BBC Studios.
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