Small round but not a bad sign nonetheless https://www.gamespot.com/articles/netflix-announces-layoffs-and-restructuring/1100-6522482/
What teams were impacted?
That's new leadership cleaning up the house so he can find headcounts to hire his old buddies. I would say it's pretty common in this industry. It's not a budget cut however
Anecdotally, Netflix feels a tad bloated this days. There’s fat to cut…