Netflix layoffs have started

Interesting that they're laying off writers seeing as the American public has been pretty unhappy with Netflix quality (whether the actual content or the idealogical pushes). I know a lot of people personally that cancelled their Netflix accounts after Cuties and even more for similar reasons as time continued on. I wonder how much of their subscriber-ship was impacted due to things like this and if it's a non-minor amount, what will be the affects on their content?

The most perplexing thing about Netflix is that even though they have a reputation for hiring the best, I can’t think of a single way that the experience is better than Disney, HBO or Apple TV.<p>And this is after 25 years of investing in technology.

They hired writers from jezebel and are now wondering why people are sick of their trash?

I wonder if they can sell their video distribution tech as a service? But yes seems like double down on good original context is the best bet.

Not surprising, since Netflix is to known to quickly &quot;right size&quot; their work force. They are quick to do it and they aren&#x27;t afraid to over do it. They know that they can quickly replenish their ranks if they over do it since they have some of the best salaries in the industry. Sentimentality is never an issue with them.<p>Here&#x27;s one of their famous quotes,<p>“We’re a team, not a family. We’re like a pro sports team, not a kid’s recreational team. Netflix leaders hire, develop and cut smartly, so we have stars in every position.”

This sort of tech-related crash had to come someday, and out of this earthquake in terms of these FAANG companies, Netflix (NFLX) stock has cratered 40% in one week and 75% from its all time high.<p>The most obvious name one could come up with this is <i>The Big Tech Crash</i> which has now spread into the private start-up markets. [0][1]<p>As for Netflix itself, they are essentially a side-project for Disney, Apple and Amazon which after this disastrous earnings they respond by raising prices; which is a bad idea. If they don&#x27;t think of something clever soon, they will be at risk of themselves being taken over.<p>Probably won&#x27;t happen, but we&#x27;ll see.<p>[0] <a href="https:&#x2F;&#x2F;www.ft.com&#x2F;content&#x2F;298baba3-83c7-45d3-8932-d811d248ee97" rel="nofollow">https:&#x2F;&#x2F;www.ft.com&#x2F;content&#x2F;298baba3-83c7-45d3-8932-d811d248e...</a><p>EDIT: Non-paywalled link.<p>[1] <a href="https:&#x2F;&#x2F;archive.ph&#x2F;sXcBQ" rel="nofollow">https:&#x2F;&#x2F;archive.ph&#x2F;sXcBQ</a>

I wonder if Netflix should leverage same day delivery and start doing more physical copies again.<p>Now that digital is ‘refragmenting’ it would be funny if the red disks came back to get around all these silos.

For you kiddos and newbs to startups&#x2F;corporations out there, nothing anyone says is worth anything unless it&#x27;s in a legally binding contract.<p>When your boss says, &quot;your department is super important to our company,&quot; that is effectively meaningless. I take it back; it has meaning: it means you should wonder why the boss has raised the issue at all.