Netflix LAYOFFS! More WarnerMedia Layoffs Coming After BAD Quarter?
1,300Let the streaming wars continue! Netflix is laying off a bunch of people in their marketing department as they focus on marketing the platform and not individual shows. Meanwhile, AT&T revenue was down last quarter due to subscriber losses, which might lead to even MORE WarnerMedia cutbacks. Will Crunchyroll or Rooster Teeth be affected?
Links -
https://www.hollywoodreporter.com/news/netflix-lay-employees-as-it-shifts-marketing-strategy-1272747
https://www.hollywoodreporter.com/news/at-t-loses-streaming-pay-tv-subscribers-warnermedia-earnings-drop-1274002
https://seekingalpha.com/article/4319895-t-well-was-surprise
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