Dan Lin is out as head of film at Netflix, Deadline and the Los Angeles Times reported Monday. He is the latest senior executive to leave in a fast-moving shake-up at the streaming company.

Lin took the job in February 2024 with a mandate to make fewer, better and bigger movies, the Times reported. Peter Rice, the former Walt Disney Television chairman who is taking over as chief content officer, will oversee the film team until a new film head is named, the Times reported. Deadline, citing sources, reported that a successor won't be named until Rice arrives.

Last week Netflix said it was cutting 6% of its workforce, about 1,000 jobs, and replacing content chief Bela Bajaria with Rice, the outlets reported. Lin's co-head of film, Doug Belgrad, was let go last week, Deadline reported. Lin was told late last week that he was out, according to sources cited by both papers.

"I started working with Dan well before he joined us in 2024 and his strength as a producer was always clear," co-CEO Ted Sarandos said in a statement. Lin thanked Sarandos, co-CEO Greg Peters and Bajaria. "It's been a great privilege to lead this incredible team," he said.

His record was mixed, the Times reported. Netflix released "The Rip," starring Matt Damon and Ben Affleck, and the Oscar-winning animated hit "KPop Demon Hunters," but also costly misfires such as "The Electric State." Big releases ahead include David Fincher's "The Further Mis-Adventures of Cliff Booth," starring Brad Pitt, and Greta Gerwig's "Narnia: The Magician's Nephew."

The shake-up comes as investors question Netflix's growth, the Times reported. Netflix reports third-quarter results this week, and Deadline reported that Wall Street is bracing for a weak quarter. A companywide town hall with Sarandos and Peters is set for Wednesday, Deadline reported.

What we know: Lin is leaving, and Rice will oversee film until a new chief is named.
What we don't: Who will replace Lin and whether more executive changes are coming.