Netflix Layoffs: "I Wrote It Before Either Outcome" Book Pitch

Transcript of the segment

What BBN said on air. The facts are in the original report: Fortune.

1. Hank LedgerNetflix is cutting six percent of its workforce, and Fortune looked back at the last two big rounds, in twenty twenty-two and two thousand one, when it let go of a third of its people.

2. Hank LedgerWith us is Marguerite Oduya-Lindqvist, a workforce futurist and author of Fire Fast, Hire Faster, Fire Again. So, did you see these cuts coming?

3. Marguerite Oduya-LindqvistHank, as I said at the time, in twenty twenty-two, the cuts would work.

4. Marguerite Oduya-LindqvistTalent density is a muscle, and you have to keep cutting to find it. I twist this timer, and it helps me think.

5. Hank LedgerBut the same program has a clip of you saying the cuts would wreck the place. So which one did you say?

6. Marguerite Oduya-LindqvistBoth, in the sense that I said the correct one.

7. Marguerite Oduya-LindqvistAs I said at the time, in two thousand one, a company this size either shrinks or it doesn't.

8. Hank LedgerTwo thousand one. Netflix was mailing discs.

9. Marguerite Oduya-LindqvistAnd I told them the discs would be a problem.

10. Marguerite Oduya-LindqvistAs I said at the time, in nineteen ninety-seven, before they had a single red envelope.

11. Marguerite Oduya-LindqvistIt's all in chapter nine, which also covers the opposite.

12. Hank LedgerSo the book is right whether the cuts work or not, and it's available tonight.

13. Marguerite Oduya-LindqvistPreorder now, Hank. Honestly it's a great read, I wrote it before either outcome.

14. Hank LedgerYour egg timer just went off, Marguerite.

15. Marguerite Oduya-LindqvistI predicted that too.