Posted on 05/17/2022 4:08:57 PM PDT by marcusmaximus
Layoffs are underway at Netflix today. About 150 positions out of the streamer’s workforce of 11,000 are being eliminated amid a slowdown in the company’s revenue growth.
They are largely based in the U.S., with a significant portion in creative, across both film and TV, sources said. A number of those laid off are in the executive ranks, including in original content
-snip-
“As we explained on earnings, our slowing revenue growth means we are also having to slow our cost growth as a company. So sadly, we are letting around 150 employees go today, mostly US-based,” a Netflix spokesperson said in a statement to Deadline. “These changes are primarily driven by business needs rather than individual performance, which makes them especially tough as none of us want to say goodbye to such great colleagues. We’re working hard to support them through this very difficult transition”.
(Excerpt) Read more at deadline.com ...
I guess my dropping them last month had more of an effect than I thought it would. Great!
Need a new sticker: Barry did That
I too quit buying anything unless I absolutely need it.
More layoffs to come.
Learn to code. Or go to work in the John Kerry Solar Panel Factory with all the fired pipeline workers. Maybe make some more pedo porn like “Cuties” or some tranny cartoons to attract the lgbtqwtf perverts.
India still has a cabal of hardcore marxist socialists from the wealthy families. Those are the ones coming here by the plane load and running the companies.
What do “tech” companies produce? Advertisement and government spying data. What has twitter ever produced for anyone? I love all these advertisements for software and computers (like the Dell catalog I get) showing the super diverse workforce with the black woman in charge pointing at something. Always in a high rise office with a bunch of other people staring intently at her presentation. The world would be just fine without 11,000 netflix employees, twitter, or facebook. I would love to see any of these clowns do what I do. Not that I would dare hire a woke “educated” robot.
So did the Covid stimulus checks and unemployment bonuses.
I was at a someone's home recently and they had the TV blaring. I haven't been a regular TV watcher for probably 13+ years. It's now off probably 99 percent of the time. What a deceitful medium. My first observation recently watching it? It jumped out. Nearly every commercial and the rest of the content black folk are cast. I live in an area that's probably 85 percent white. So I find it a bit odd specifically in regards to how many are being represented on TV, as opposed to their percentage of the population, which I believe is about 13%. And this guy started channel surfing and it was basically the same thing repeatedly.
Funny thing. In college my physics prof and a math prof were black gentleman. When I worked further in to the aerospace engineering world in Texas I supervised several black immigrants. Never an American engineer. I never had a black boss. I did, however, work at the mercy of nasty fat angry American black women in HR. The immigrants didn’t like the HR department. Especially when the interns I supervised only had the choice of “African American” when they were neither African, or American. Just observations.
You missed my point.
What I was trying to convey is that I am not a “connected” person. Yet, I know of two large employers who are about to lay off pretty large numbers of employees. If I know…imagine how many others are planning on cuts?
This stuff screams recession and “hard landing.”
And…the second company I mentioned is about as mainstream and traditional as they get. It will surprise the local community.
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