early buzz is that earnings are looking... not so great. obviously. but also talk iger and team may announce going the meta route, meaning more layoffs to show wall street they're serious about savings. hulu/d+ will merge in december so that's likely the first area to get hit but things are about to go from ugly to downright nasty.
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The hike in prices will only make things worse. We started as one of the cheapest streaming services, which made us attractive to so many people so fast, and now we're headed toward the opposite end. Watch as we continue to shed subscribers in the coming months.
15M subscribers lost from d+ mostly due to hotstar losses but 600,000 of those losses coming from north america is not a good sign
Whew they need to cut is Corp jobs, mainly back office like HR, Recruitment and Management. There is so many in those jobs but yet they have job security.
This will be a bloodbath. If your role is in any way redundant or it can be made so, start looking right now.
there will be a lot of discussion about leveraging AI to cut on costs/FTEs. something to consider in your role.