Netflix dismissed Dan Lin as head of film on Monday, the latest executive to leave the streaming service during a sweeping reorganization.
The move follows roughly 1,000 layoffs last week and the ouster of chief content officer Bela Bajaria.
Lin was dismissed at the start of the weekend and planned to address his teams on Monday, multiple sources told Variety.
Netflix confirmed the departure and said Peter Rice will oversee the film division until a permanent replacement is named.
Rice replaced Bajaria as chief content officer earlier this month.
Lin joined Netflix in 2024 after running his production company Rideback.
Rideback produced the "Lego" film franchise, the "It" adaptations and the "Sherlock Holmes" movies.
He had been hired by Bajaria to bring cost discipline and broader variety to a film slate that under predecessor Scott Stuber leaned heavily on big-budget projects for name directors.
During Lin's tenure the film division was reorganized by genre.
Deputies handled categories such as sci-fi, romantic comedy and family film.
The slate shifted toward more mid-size titles.
These included book adaptations like "Remarkably Bright Creatures" and mid-budget action films such as "Apex" and "The RIP."
Lin told The New York Times in June that he had greenlit or acquired 88 movies.
He cited "Apex," "Emilia Perez," "Here Comes the Flood," "The Further Mis-Adventures of Cliff Booth" and Greta Gerwig's upcoming "Narnia: The Magician's Nephew" as standouts.
Netflix laid off about 1,000 employees, roughly 6 percent of its global workforce, last week.
It was the largest reduction since 2022.
The cuts came as the company faces slowing engagement growth and a stock decline of more than 40 percent over the past year, Business Insider reported.
Co-CEO Ted Sarandos wrote in a memo to staff that under Rice's leadership Netflix will focus on creating big, buzzy hits.
Lin said in a statement provided to The Hollywood Reporter: "It's been a great privilege to lead this incredible team and work with amazing filmmakers and talent to bring their movies to the world. Thank you to Ted, Greg [Peters] and Bela for the opportunity."
Sarandos added: "I started working with Dan well before he joined us in 2024 and his strength as a producer was always clear. Once he joined Netflix, I saw up close how his dedication to quality filmmaking, rigor around dealmaking and strategy, and collaborative spirit elevated our film business. I'm grateful to Dan for everything he's done for Netflix films."
Variety reported that Mike DeLuca and Pam Abdy, who previously led the Warner Bros. Motion Picture Group, are said to be in discussions with Netflix about a possible role.
Netflix is scheduled to report third-quarter earnings on Tuesday.