Netflix co-CEOs face staff at town hall after layoffs

What BBN said about it

1. 

   Hank Ledger · Lead AnchorIt's nine-thirty Eastern, this is The Pile-On: Late, and Netflix staff reportedly heard in the press that chief content officer Bela Bajaria was out, before anyone told them.

2. 

   Vera Bullock · Co-AnchorNetflix is a company that asks if you're still watching. Nobody asked the staff if they were still employed.

3. 

   Vera Bullock · Co-AnchorA very early preview of a leadership transition.

4. 

   Brock Thunderson · Chief MeteorologistA preview?

5. 

   Brock Thunderson · Chief MeteorologistThey cut about a thousand jobs, six percent of the workforce, on Tuesday and Wednesday, and the staff got the forecast from a newspaper.

6. 

   Brock Thunderson · Chief MeteorologistThat's a front nobody named!

7. 

   Hank Ledger · Lead AnchorSo the town hall was Ted Sarandos and Greg Peters explaining news that the room had already read.

8. 

   Vera Bullock · Co-AnchorGreg Peters says the cuts are over for the foreseeable future. We're calling that a limited series, not a cancellation.

9. 

   Brock Thunderson · Chief MeteorologistRenewed?

10. 

    Brock Thunderson · Chief MeteorologistLast night I said they cut legal and human resources, so nobody's left to take complaints. And I stand by it, because I felt it in my chest.

11. 

    Hank Ledger · Lead AnchorBrock, I just need the number.

12. 

    Brock Thunderson · Chief MeteorologistSix percent. There. I said it. I feel lighter and I hate it.

13. 

    Vera Bullock · Co-AnchorAnd the new chief, Peter Rice, was praised by Sarandos as one of the most effective at-scale operators in the entertainment industry.

14. 

    Hank Ledger · Lead AnchorHe wasn't at the town hall. He starts next week.

15. 

    Brock Thunderson · Chief MeteorologistSo the finale aired before the pilot.

16. 

    Hank Ledger · Lead AnchorPeter Rice starts next week, and on his first day he'll be the only one at Netflix who hears it from the company.