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Netflix Hit by Layoffs; About 150 Mostly U.S.-Based Employees Affected

deadline.com

32 points by qnk · 8 comments

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2 threads
csdvrx

Netflix layoffs + Coinbase slowing hiring = a tech winter is now starting, like the dotcom crash of the early 2000s

  • polishdude20

    Does it make a difference that the people laid off at Netflix don't seem to be software developers?

  • francisofascii

    Also Meta, Uber, Twitter recently slowed/froze hiring.

    • gumby

      I saw those reports and also observe that the FB recruiters are more aggressive than ever. I tend to weigh the latter higher than the former

      • thawaya3113

        I’m not sure how the latter contradicts the former. In fact, it could also reinforce it.

        With a limited number of available spots, and performance based pay, they would need to be more aggressive to ensure they have more candidates who go through the process faster to maximize the number of their own candidates that get recruited.

  • bitlax

    I think we're just coming off the pandemic.

gumby

2%, all, as far as I can tell from the blog and other publicity groups.

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