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I was going to get Netflix for a month or so. I just wanted to watch Black Mirror, but we are living it.

Maybe if they tried presenting more interesting shows they wouldn't be experiencing slowing growth. As a second place alternative, they could try developing a more useful user interface so people could actually find interesting things they have available.

That's not how demographic segmentation works.

How much do the executives make in salary, bonuses, options?

Need to save money to give to more transphobic comedians

Against Tiktok

Every other streamer that’s following the Netflix strategy of gutting quality while hiking prices

I guess platforming Louis ck and Dave Chappell didn't help... #netflix #partofthrproblem

why do they have a Louis ck comedy special streaming...? #netflix #partoftheproblem

Don't repeat their false reasoning

report on the executive payouts for this decision. messed up economics.

Those Dave Chappelle hate rants about the LGBT community... sorry, "Netflix comedy specials", won't pay for themselves I guess. 🤷🏻

Since their overhead is dropping, I'm guessing there's a rate decrease in it for consumers? What?!?

Ahem, it's cost cutting to raise share prices.

Wasnt there just a big announcement that there would be LESS competition?

Skydance

Pirate their ass

Just another lame excuse for all the capitalists looting our economy before the collapse caused by systemic fraud.

What I'm saying is that it works for YouTube so Netflix might try to imitate their success. But it would be very expensive to pull off and those that have tried have failed. What I do know is that I spend far more time on YouTube than all other streaming services combined.

And maybe keep wildly popular originals past a season or two

Why is this headline so credulous? Yeah man that’s the claim they made - it isn’t the actual reason

Don't you mean "... amid a race to give executives every possible dollar while treating customers and staff like crap."?

And they hope that by laying tons of people off their already mediocre productions will somehow get less mediocre??

Is @netflix.com still primarily a streaming service, or becoming an entertainment platform competing with YouTube and TikTok for attention? Different business models require different capabilities. Cutting staff reduces costs, but could also weaken Netflix's ability to compete.

like if firing people makes you more competitive, just fire everyone? or do they think there's a Compet1t10n Index or smthng

Then have the fucking cheek to raise prices if they do that well @netflix.com has nothing good anymore they cancel all the good shows I will gladly cancel hell maybe we all should just cancel teach em a fucking lesson on greed

They had a perfectly functional business model & destroyed it

Nah, they’re just making their oligarch owners a few more dollars that will have zero impact on their lives, at the expense of a thousand real life families.

So, people aren’t subscribing for our content. If we eliminate the jobs of content creators that will surely improve the situation.

Obviously they're going to have to raise prices again due to all the people they're not paying