A rude awokening for an empire of lies
(secretsun.blogspot.com)
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I hate woke culture, and have had beef with Netflix ever since they dropped their $1/DVD model and stole everyone's account balances, but I'd like to point out another element here.
Netflix laid off 150 employees because their revenue was only 7.87B instead of 7.93B. 0.75% ($60M) below target. And their value dropped $54B.
Publically traded companies are a terrible idea. The stock market is like usury 2.0.