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Ted Sarandos admits Netflix must improve following major content executive overhaul aimed at boosting viewing engagement as revenue growth cools off.

Ted Sarandos acknowledges Netflix could do better after content executive overhaul

According to Variety, Netflix made a major overhaul of its executive leadership overseeing content to boost viewing engagement while revenue growth cools off.

Last week, amid its layoff of 1,000 employees, the company ousted chief content officer Bela Bajaria and tapped veteran TV exec Peter Rice to replace her.

Ted Sarandos addressed the purge with the statement: ‘I Know That We Could Do Better’.

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