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Get Woke, Go Broke: Layoffs Begin at Netflix After Stock Shares Crater
Gateway Pundit ^ | 4-28-22 | Cristina Laila

Posted on 04/29/2022 3:50:01 AM PDT by dynachrome

Get woke, go broke.

Netflix began layoffs on Thursday, just days after its stock plummeted.

Netflix shares cratered more than 20% last Tuesday after the company reported a loss of 200,000 subscribers in the first quarter.

Netflix began laying off people at Tudum, a website that promotes shows on the streaming service just a few months after it launched.

Protocol reported:

The belt tightening appears to have started at Netflix: A number of journalists working for the company’s entertainment site Tudum have been laid off, according to tweets by those affected. A Netflix spokesperson told Protocol Thursday that there were no plans to shutter the site, calling it “an important priority for the company.”

(Excerpt) Read more at thegatewaypundit.com ...


TOPICS:
KEYWORDS: elonmusk; layoffs; musk; netflix; truthsocial; twitter
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Tudum or "toodumb"?

Never heard of their entertainment site.

1 posted on 04/29/2022 3:50:01 AM PDT by dynachrome
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To: dynachrome

BTTT


2 posted on 04/29/2022 4:10:57 AM PDT by nopardons
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To: dynachrome

Couldn’t happen to a more deserving group of people


3 posted on 04/29/2022 4:11:55 AM PDT by rottweiller_inc (inter canem et lupum)
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To: rottweiller_inc

I’ll say it here- To NETFLIX people laid off-Learn to code you whiny millennial bitches-


4 posted on 04/29/2022 4:17:54 AM PDT by slapshot (Coke wants me to act less white? Well I will not purchase Coke Products- Get woke go broke-)
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To: dynachrome

I don’t think it’s the woke culture. There are so many streaming options now. Paramount Plus is only $4.99 a month, for example. People are simply belt-tightening due to the crappy economy. Netflix raising their prices was really stupid.


5 posted on 04/29/2022 4:23:24 AM PDT by Extremely Extreme Extremist
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To: rottweiller_inc

My prediction is that Disney is next.


6 posted on 04/29/2022 4:23:34 AM PDT by Purpleperson
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To: dynachrome

All I know is the second part of the last season of OZARK starts streaming this weekend, we will binge it and then cancel Netflix.


7 posted on 04/29/2022 4:25:18 AM PDT by Toespi ( )
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To: dynachrome

But the Harkles are still getting their money...?

Is Netflix a streaming service or a money laundering front?


8 posted on 04/29/2022 4:28:56 AM PDT by mewzilla (We need to repeal RCV wherever it's in use and go back to dumb voting machines.)
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To: Extremely Extreme Extremist

The movie selection is terrible on Netflix.


9 posted on 04/29/2022 4:30:38 AM PDT by outpostinmass2
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To: mewzilla

only Obama knows for sure ...


10 posted on 04/29/2022 4:34:38 AM PDT by bankwalker (Repeal the 19th ...)
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To: bankwalker
Meanwhile, guess who's got a new gig with Yahoo News...

'Not funny' Meghan ally Scobie forced to delete tweet mocking Prince Andrew and daughters

...However, he points out that the meme was posted just two days after Omid Scobie announced a new content partnership with Yahoo! News...

What a coinkydink!

11 posted on 04/29/2022 4:54:32 AM PDT by mewzilla (We need to repeal RCV wherever it's in use and go back to dumb voting machines.)
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To: dynachrome

Layoffs? Hopefully it’s with the programmers who have the faggot, negro and latino categories 24/7.


12 posted on 04/29/2022 4:56:41 AM PDT by LouAvul
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To: outpostinmass2

Got that right. Not many good, classical movies.


13 posted on 04/29/2022 4:57:05 AM PDT by Rennes Templar (Come back, President Trump.)
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To: dynachrome

I think this has more to do with Netflix spending $270 MILLION on one season of Stranger Things and other money mismanagement issues. Regardless, I was very happy when I saw the tweets from the former employees.


14 posted on 04/29/2022 4:57:23 AM PDT by thefactor (yes, as a matter of fact, i DID only read the excerpt )
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To: Extremely Extreme Extremist

I quit because they produce child pornography. When I imagine what it took in rehearsal and direction to get those kids to do what they did, it made my skin crawl.

I quit them as soon as I heard they did it, and no, I didn’t watch it.


15 posted on 04/29/2022 4:59:48 AM PDT by RinaseaofDs
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To: bankwalker
That didn't take long, from a couple of days ago, Scobie's byline...

Why Prince Harry has every reason to ask questions about people around the Queen

BTW, when you go to reject the cookies, guess who's on the very long list to reject: Netflix.

16 posted on 04/29/2022 5:02:02 AM PDT by mewzilla (We need to repeal RCV wherever it's in use and go back to dumb voting machines.)
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To: dynachrome
I would bet that the Netflix board will be considering strategic options soon. They would be wise to sell to a larger entertainment company like Disney or maybe a large media company that has a more diversified revenue stream and owns/produces more of its own content.

Unfortunately, I'm sitting on a cache of NFLX stock. I'm still in the money, but it was looking a lot better 6 months ago.

17 posted on 04/29/2022 5:42:47 AM PDT by Doctor Freeze
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To: outpostinmass2
The movie selection is terrible on Netflix.

Netflix at one time had great documentaries on History, Rock Bands, etc and great movies. It sucks a donkey now.

18 posted on 04/29/2022 6:00:08 AM PDT by Hyman Roth
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To: nopardons

I would also like to see this happen to Jim Beam and Harry’s Razor Blades for going woke. I believe there are a lot of companies that went woke without being exposed or very little mention. I’ve been drinking Jim Beam since the 60’s and their small batch bourbons since the 90’s and had accumulated quite the collection of Jim Beam memorabilia. When Jim Beam announced they were supporting BLM everything came to a stop. I threw out every Jim Beam item I owned and will never patronize them again.


19 posted on 04/29/2022 6:15:39 AM PDT by NY Cajun (I contributed to her pink slip this morning. )
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To: LouAvul
“Layoffs? Hopefully it’s with the programmers who have the faggot, negro and latino categories 24/7.“

That about covers it for me too. They're WAY overboard with that crap.

20 posted on 04/29/2022 6:27:13 AM PDT by moovova
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