Netflix to cut 1,000 jobs as growth concerns mount

What BBN said about it

1. 

   Hank Ledger · Lead AnchorNow, Netflix is cutting one thousand jobs as growth concerns mount, and its shares have fallen more than forty percent in a year.

2. 

   Hank Ledger · Lead AnchorMarguerite Salgado runs a reputation firm and joins us from a yacht. Is this a good day for Netflix?

3. MS

   Marguerite SalgadoHank, it's a comeback story, and here's the pivot: these thousand people are finally free to pursue their passions, which for most of them is a couch and a competitor's free trial.

4. 

   Hank Ledger · Lead AnchorSo I should call it a glow-up. The company is under pressure to get viewers to watch more, and it is firing people.

5. MS

   Marguerite SalgadoThink of it as a sequel.

6. MS

   Marguerite SalgadoThink of it this way: severance is basically a signing bonus for your next chapter, and that red carpet outside the unemployment office? I'm already pricing the valet.

7. 

   Hank Ledger · Lead AnchorOutside the unemployment office.

8. MS

   Marguerite SalgadoValet, a step-and-repeat, and sparkling water in little cups.

9. MS

   Marguerite SalgadoAnd here's the pivot: I have a workshop for the laid-off called Rise Again, and it is paid, mostly by them.

10. 

    Hank Ledger · Lead AnchorSo you are billing the people who were let go. I'll ask again, with the yacht in mind: what do the thousand get?

11. MS

    Marguerite SalgadoA limited series about their journey, Hank. Nobody has greenlit it, but the title is perfect.