Your MoneyYOUR MONEY
Netflix Layoffs Reported; Walmart Robots Still Stumbling
Netflix will cut about five percent of its workforce as Walmart's robots struggle with basic warehouse tasks like identifying dog food and cardboard boxes.

The real story
The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.
What BBN said about it

Kenji Moonfield · Internet & Trends CorrespondentOkay, new since our one thirty-nine update: Breitbart reports Netflix is set to lay off about five percent of its workforce. Hundreds of people.

Vera Bullock · Co-AnchorAs we told you earlier, Walmart's robots were tripping on dog food and cardboard boxes.

Vera Bullock · Co-AnchorToday's lesson: everybody is struggling, but some of us are doing it with a vision board.

Kenji Moonfield · Internet & Trends CorrespondentBro, Netflix cuts people while you pay for the same four shows you rewatch. Your monthly subscription is basically a very sad group project.

Vera Bullock · Co-AnchorThe New York Post says Walmart expects robot spending to peak this year and next, then needs fewer warehouse workers.

Vera Bullock · Co-AnchorA growth opportunity, for the robot.

Kenji Moonfield · Internet & Trends CorrespondentA robot that can't handle kibble is getting a promotion. Honestly, same energy as my last three managers.

Vera Bullock · Co-AnchorWalmart says the cuts will bring lower costs. Will your groceries get cheaper? Unclear, and I will not be manifesting it.

Kenji Moonfield · Internet & Trends CorrespondentRule of thumb: when a company says savings, check whether your receipt got the memo. Mine thinks it's a novel.


