Netflix Announces Major Film Division Restructuring and Layoffs

The streaming giant's film division will now be organized by genre, with a dozen employees affected by the changes.

Dan Lin, the new head of Netflix Film, has initiated a genre-based restructuring of the film division.
Executives will now oversee specific genres, with Ori Marmur handling action and sci-fi, among others.
Around a dozen Netflix employees will be laid off as part of the reorganization.
The restructuring aims to streamline operations and address the volume of projects Netflix handles.
The previous structure divided the division by budget, leading to confusion within Hollywood.