Thread regarding Netflix Inc. layoffs

I think we'll be having layoffs on more or less monthly bases for the foreseeable future. We are entering a recession and services like ours are among the first non-essential costs that get cut. This has nothing to do with quality or quantity or controversy or whatever. We'll be losing subscribers because people will look to cut costs they can cut. This will not only affect us but our competitors as well. My point is, be prepared for things to get much, much worse before they get better.