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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......»»

Category: topSource: reutersJul 18th, 2019

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......»»

Category: topSource: bizjournalsMar 18th, 2019

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.....»»

Category: topSource: businessinsiderJul 17th, 2018

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.....»»

Category: topSource: bizjournalsAug 7th, 2018

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.....»»

Category: blogSource: zerohedgeOct 16th, 2018

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.....»»

Category: blogSource: zerohedgeOct 16th, 2018

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. .....»»

Category: topSource: moneycentralJan 18th, 2019

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.....»»

Category: topSource: bizjournalsJan 24th, 2019

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......»»

Category: topSource: bizjournalsJan 25th, 2019

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.....»»

Category: blogSource: benzingaApr 27th, 2024

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......»»

Category: topSource: bizjournalsApr 26th, 2024

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......»»

Category: topSource: bizjournalsApr 25th, 2024

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......»»

Category: topSource: bizjournalsApr 24th, 2024

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 .....»»

Category: smallbizSource: nytApr 22nd, 2024

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.....»»

Category: worldSource: nytApr 19th, 2024

Why Wall Street is balking at Netflix"s decision to stop sharing subscriber data

Netfli.....»»

Category: smallbizSource: nytApr 19th, 2024

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.....»»

Category: blogSource: benzingaApr 19th, 2024

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.....»»

Category: blogSource: benzingaApr 19th, 2024

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.....»»

Category: topSource: businessinsiderApr 18th, 2024

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.....»»

Category: blogSource: benzingaApr 16th, 2024