This was so good I had to share it right away:
"Netflix began layoffs on Thursday, just days after its stock plummeted."
"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."
Big grin on MY face. What about you?
What news triggered the selloff? Q1 earnings? Because if the company was using treasury stock sales to fund operations then they are in really big trouble...
I believe it was a drop in subscribers.
Ahh. I believe that was foretold .. It seems another woke move ha been paid for with an overwhelming response..