Despite strong revenues and profits, the streaming service cut 1,000 jobs and jettisoned its chief content officer. Drops in the stock price and viewer engagement are to blame.
Netflix Hurries to Rewrite Its Narrative With Layoffs and a Sudden Firing
The New York Times – Business:
This post first appeared in The New York Times – Business. Read the original article.
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Appointments and Executive Changes, Bajaria, Bela, HBO Max, Layoffs and Job Reductions, Media, Movies, Netflix Inc, Ratings (Audience Measurement), Rice, Peter (1966- ), Sarandos, Ted, Television, Video Recordings, Downloads and Streaming, Warner Bros Discovery, Web-Original Programming, YouTube.com
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