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Belloni played with numbers in his Puck newsletter and thinks they've quietly let go 1600 employees this year.
Parsing the Netflix shrinkage: Netflix laid off about 300 people today, or what it said was 3 percent of its workforce. But by putting a percentage on it, Netflix revealed that it has actually lost way more people this year, through a combination of layoffs and people leaving on their own. Doing some iPhone calculator math, 300 is 3 percent of 10,000. And in its annual report, Netflix revealed that its employee headcount was about 11,300 on Dec. 31. So if Netflix has around 9,700 employees now and it had around 11,300 on Dec. 1, that’s a reduction of about 1,600, or 14 percent, in 2022. And that’s not even including the freelancers that have been cut. Ouch....
Belloni played with numbers in his Puck newsletter and thinks they've quietly let go 1600 employees this year. Jun 24, 19:08
that includes people who quit {nm} Jun 24, 19:25
The number of people quitting tends to rise when a company is obviously on a firing spree. Jun 25, 11:19