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Netflix sinks on subscriber losses, analysts still see growth
Wall Street brokerages stuck to a positive outlook on Netflix Inc on Thursday, betting that a strong content slate for the rest of 2019 would reverse shock losses in U.S. subscribers in the second quarter that sank its stock price......»»
Instacart lays off hundreds of its in-store Whole Foods shoppers amid breakup with Amazon
Hundreds of in-store shoppers and Instacart employees will be affected by the termination of a seven-year-old partnership with Whole Foods Market......»»
Netflix shares are fighting back after the company"s big subscriber miss (NFLX)
Netflix missed expectations for new streaming customers on Monday, sending its stock plummeting. But shares have erased a large portion of their losses as the trading session has dragged on. The company said it earned $0.85 cents a s.....»»
Globalscape lays off about 40 workers amid investigations
San Antonio-based Globalscape Inc. laid off about 40 employees recently, the company confirmed to the Business Journal. The company declined to specify what types of jobs were affected by the layoffs, saying only in a news release Tuesday that they.....»»
Netflix Soars After Crushing Subscriber Estimates
Netflix shares are up 20% after-hours, entirely erasing the losses post Q2 earnings after smashing expectations for Q3 subscriber growth. 3Q total streaming net change +6.96 million, estimate +5.09 million So that is two qua.....»»
Netflix Soars After Crushing Subscriber Estimates As It Burns A Record $10 Million Per Day
Netflix shares are up 12% after-hours, entirely erasing the losses post Q2 earnings after smashing expectations fo.....»»
Netflix Analysts See Subscriber Growth Offsetting Sales Miss
Netflix pared losses in pre-market trading on Friday after it reported quarterly sales that came in below expectations. .....»»
Verizon lays off 800 employees amid restructuring
Verizon Communications Inc. is cutting 7 percent of its media staff. The news comes just weeks after company CEO Hans Vestberg said AOL and Yahoo, which makes up the company's media division, "need to survive on their merits." About 800 jobs will b.....»»
McAfee lays off 200 employees amid rumored buyout talks
The layoffs come amid rumors that a private equity giant could be interested in buying McAfee as part of its ongoing roll-up of a number of cybersecurity companies......»»
Tesla To Cut 693 Jobs In Nevada Amid Global Workforce Reduction: Government Notice
Tesla Inc. is reportedly set to lay off 693 employees at its Nevada facilities as part of the 10% layoff announced by the company. read more.....»»
WellSpace Health to lay off 135, close programs amid funding issues
WellSpace Health, the Sacramento region’s largest low-income community health care provider, is laying off 135 employees and closing several of its services amid ongoing funding issues......»»
98point6 lays off employees after shifting focus last year
The Seattle-based telehealth company sold its original business line to Transcarent for about $100 million a year ago......»»
Jamestown hospital could see cuts as parent co. lays off 1,000 workers
Pittsburgh-based UPMC is going to cut about 1% of its 100,000 employees across its footprint......»»
How much Amazon pays employees for Prime Video jobs
Learn what Amazon is spending for new hires as it takes on Netflix, Disney+, and others in streaming. Maya Erskine and Donald Glover in "Mr. and Mrs. Smith."David Lee/Prime VideoAmazon is spending big .....»»
Stock market today: S&P 500 falls for 6th day in a row amid weakness in mega-cap tech
The losses in the stock market accelerated after Super Micro Computer announced earnings without preannouncing results. A.....»»
Netflix Won"t Reveal Quarterly Subscriber Numbers Anymore: Co-CEO Greg Peters Says This Is What Motivated The Change
By the end of March, Netflix had a worldwide subscriber base of 269.6 million, marking a year-over-year growth of 16.0%. read more.....»»
Netflix Is Dumping Quarterly Subscriber Reports: Co-CEO Greg Peters Says This Is What Motivated The Change
The company will stop revealing subscriber additions each quarter from Q1 2025. read more.....»»
Netflix is going to stop telling the world how many subscribers it has. Why?
Netflix investors care about growth more than anything else, and that's measured by subscriber data. Now it'll be under lock and key. Aslan Alphan/Getty.....»»
Eaze Delivery Workers Threaten First Cannabis Strike of 2024 Amid Ongoing Negotiations
The unionized employees are considering a strike during the so-called "Pot Holiday", 4/20 read more.....»»