Budget cuts?? Its happening y'all https://www.theinformation.com/articles/netflix-tells-employees-to-be-more-careful-about-spending-hiring #netflix #disney #apple #faang
Netflix is fucked. No moat, rampant sharing of passwords, and loads of hideously racist wokeness driven by hubris. Bye Felicia.
So woke. Everything they produce now is ruined by that shit. A little is fine but good lord, they really got to push out
That’s just Hollywood in general. You two also didn’t notice that this is a huge part of tech too? We have directors of diversity at our companies. And race based clubs. And initiatives to increase diversity.
at this point they should focus more on content than tech. Content is dogshit these days atleast in USA
Yeah I mean I just don't get what they need 500k engineers for. It's a recommendation system for some few thousand titles. Rest should be off the shelf streaming infrastructure.
R&D in compression and automation crap. Is supposedly good but they do all the work with other companies and anything done internally gets published for everybody to copy. They do a really good job at staying up and working seamlessly compared to everyone else. So compared to the Disney and HBO guys who IIRC have around 200-300k TC; the extra cash seems to pay off. They are also more profitable than them at the same time.
🦨🍿🥤
I was in the process of interviewing a few weeks ago when I got an email from the recruiter that the needs had changed and position had been closed. That was a bummer
No budget cut. Just slowing down the increase of budget but it's still increasing
It’s definitely true. People aren’t gonna go to jail for leaking that info. It’s not insider trading or stock tips
If it’s something that can materially effect the stock price and it’s not disclosed to the entire wold at once then it IS insider trading and stock tips. And how would you know if it’s true more than someone who works at Netflix?
Trading on such information is illegal and can land you in jail. Disclosing the information is NOT insider trading. It can still lead to legal problems, mostly civil liability to the company itself.
CEOs richer, prices increased, and doubled profit last year. Where is this really coming from?
Well this makes me feel a little better about the role I was interviewing for being placed on hold.
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Well, they have been on decline for a while now. Plenty of competition, lots of good shows/movies are gone, and they have nothing to make customers stay. It will only accelerate from here.
Looks like the very competitive tc is coming to an end
It can become very competitive to actually have tc. 😈