Netflix restructures film group as it scales back movie output- Bloomberg News


FILE PHOTO FILE PHOTO Smartphone with Netflix logo is placed on a keyboard in this illustration taken April 19 2022. REUTERSDado RuvicFile PhotoFile PhotoFile Photo

FILE PHOTO: FILE PHOTO: Smartphone with Netflix logo is placed on a keyboard in this illustration taken April 19, 2022. REUTERS/Dado Ruvic/File Photo/File Photo/File Photo

(Corrects number of Academy Awards won in paragraph 3)

(Reuters) -Netflix Inc is restructuring its film group, resulting in some layoffs and the departure of two of its most experienced executives, Bloomberg News reported on Thursday.

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