$NFLX cutting roughly 1,000 jobs, about 6% of headcount.
Not exactly the growth story narrative they've been selling. When a streaming giant starts trimming this deep, it's either margin discipline or demand isn't what the deck said it would be.
Watch how this plays into their next earnings guidance.
Not exactly the growth story narrative they've been selling. When a streaming giant starts trimming this deep, it's either margin discipline or demand isn't what the deck said it would be.
Watch how this plays into their next earnings guidance.