Thread regarding Netflix Inc. layoffs

I don't understand how this is a good thing

Layoffs cost $70 million in severance. Add to that the bad publicity and a lot of people considering leaving for greener pastures because we don't feel like we have job security anymore and I can't find the positive side. Yes, the costs have been reduced long-term but it'll take a while to see that. I don't think it's anywhere near worth it.

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