I am perplexed by the fact that a company that often paid the highest base amongst tech companies has to cut down employees as the encounter first signs of trouble?
Their financials are amazing, $5B in net income. Growing revewnue and income all the time.
People at Netflix always had an amazing base pay, stock options were secondary to them.
It feels to me like Netflix felt that they had too many people with high bases and they decided to cut.
I am not sure, frankly. This is all confusing to me.