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Netflix Lays Off Estimated 150 Staffers in New Round of Layoffs
- silexia 4y agoHow does it cut costs to give four months severance at the minimum? Basically, you continue paying the laid off people for four months while you receive zero benefits? I don't understand.
- dhzhzjsbevs 4y agoKeeping poor performers around pisses off your high performers. There is likely other hidden costs to keeping them around too.
- missedthecue 4y agobasically you start saving money from month five through eternity.
- pkaye 4y agoThey are expecting this downturn to last a while.
- kd913 4y agoCan anyone explain Netflix's upcoming strategy? They seem to be pissing off their customer base, and moving in rather unpopular areas. From my perspective they appear to be prepped to be acquired? i.e. Deliberate moves to cull their stocks, and now a move to cull their employee size. They definitely seem to be a lucrative purchase for a company like Microsoft. It could work well with the xbox as a complete entertainment system, enables Microsoft to monetize their now growing game IP and moves a massive customer from AWS to Azure.
- deleted 4y ago[deleted]