Netflix to Dissolve Global Marketing Department

Netflix_Logo_RGBNetflix is dissolving its global brand marketing team, according to a report in Adweek.

The report, which cited anonymous internal sources, revealed that the team worked generally in content and social media. The report did not reveal who would take over these marketing duties but did point out that the company is known to reshuffle its staff.

The news comes after Kelly Bennett, the company’s CMO of seven years, revealed plans to leave the company.

The streaming giant faces increased competition from the likes of Amazon Prime, Apple TV and Hulu.