Tech Industry
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Is Israel getting bad PR the reason for banning tik tok?
Software Engineering Career
Yesterday
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Principal Software Engineer TC~300K at Microsoft vs 600K at Meta. Is 300k pretty low for Principal scope?
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What happens when most of your team is Indian?
Tech Industry
15h
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Why doesn't OpenAI offshore and reduce expense by 80%
Software Engineering Career
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L4 Google -> 45 interviews, 5 offers, AMA
https://www.wsj.com/articles/netflix-plans-to-cut-spending-by-300-million-in-2023-7940b06a "Netflix plans to reduce its spending by $300 million this year, according to people familiar with the matter, as the streaming giant continues its push to improve profitability in a competitive market. The company is looking to cut costs, in part, because its plans to crack down on password sharing broadly in the U.S. and elsewhere were pushed back from the first quarter to the second quarter, the people said. That change is expected to generate new revenue." "Netflix has been scrutinizing costs for some time. The streamer reported its first subscriber loss in a decade about a year ago, which triggered a sharp stock price decline and significant strategy changes, including the launch of an ad-supported service option. Netflix’s stock is up 17% this year. Netflix has looked for a variety of ways to control or cut spending, including through layoffs, paring its real-estate footprint, changes in salary ranges for certain roles, and new approaches to paying for programming."
Drop in a bucket for $NFLX employees 💵..
$300million is chump chnage for them
Layoff 500 employees making $600k a year. Big deal
We already dumped Netflix in anticipation of password sharing money grab
They should start making better shows Amazon Prime is killing it literally 😅
So about 600 devs?
450 to 500
How much does the CEO make?
More job cuts??
I just pause my Netflix subscription half the year to save costs. Why am I paying for people who steal?
Who's stealing!? Sharing is caring
Netflix subscription plans have number of screens
Does that mean more layoffs or more strict regulations on account sharing
These days theres not much difference between netflix and other streaming platforms.
There is.. I already know what to expect from limited but quality content from HBO.. There is no bottom to the content quality on Netflix. The only pro of Netflix is streaming is seamless vs others but I spend more time finding content so who cares about seamless crappy content
Amazon Prime: hold my beer!!