Netflix's Live Experiences Chief Exits After Seven Years

WHO:

ComingSoon.net - Greg Lombardo, VP and Head of Live Experiences at Netflix

Deadline - Greg Lombardo, who led Netflix's live experiences operations

WHAT:

Techmeme - Netflix is preparing for layoffs that will impact approximately 5% of employees, or around 850 jobs, amid pressure over weakened engagement and a depressed stock price.

ComingSoon.net - Greg Lombardo is stepping down from his position at Netflix.

Deadline - Lombardo has exited after more than seven years as VP, Head of Live Experiences.

WHEN:

Deadline - Lombardo's main initiatives since joining Netflix were noted to have started in July 2029.

ComingSoon.net - Lombardo has served at Netflix since July 2019.

Deadline - Lombardo's tenure at Netflix lasted over seven years.

WHY:

Deadline - Lombardo was instrumental in Netflix's foray into live experiences and its subsequent expansion.

HOW:

Deadline - Lombardo led the development and growth of Netflix's live experiences operations.

(UPDATED October 9, 2026 16:02 UTC)

Lombardo's main initiatives since joining Netflix are set to officially kick off in July 2029. This announcement comes as the company continues to evolve its content strategy and approach. The deadline for these initiatives has been established at 05:06 UTC.

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(UPDATED October 9, 2026 10:03 UTC)

Netflix is set to lay off about 850 employees, which accounts for roughly 5% of its workforce, as the company faces challenges related to weakened engagement and a declining stock price. This decision comes as part of a broader effort to address the pressures currently impacting the streaming giant. The layoffs are expected to be announced soon, reflecting the ongoing shifts in the tech and entertainment landscape.

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(UPDATED October 9, 2026 05:06 UTC)

Greg Lombardo is stepping down from his role as Vice President and Head of Live Experiences at Netflix after more than seven years with the company. Since joining in July 2019, Lombardo played a key role in the development and growth of Netflix's live experiences, helping to expand the platform's offerings in this area. His leadership was instrumental in the company's foray into live events, marking a significant chapter in Netflix's evolution.