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Netflix shares under pressure as chief content officer departs

Netflix Inc (NASDAQ:NFLX, XETRA:NFC) Chief Content Officer Bela Bajaria is leaving the streaming company after a 10-year run, with Disney veteran Peter Rice confirmed as her replacement, a day after Netflix announced layoffs affecting 6% of its staff.  Netflix shares were down 2% on Friday.

Netflix shares under pressure as chief content officer departs

Netflix Inc (NASDAQ:NFLX, XETRA:NFC) Chief Content Officer Bela Bajaria is leaving the streaming company after a 10-year run, with Disney veteran Peter Rice confirmed as her replacement, a day after Netflix announced layoffs affecting 6% of its staff.  Netflix shares were down 2% on Friday.

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