We're seeing that reflected at Netflix across the board. There's been a lot of internal memos leaked in the last year about how they've updated their language around not guaranteeing that they won't lower, take salary cuts to certain employees during tough times. That used to be something they explicitly said they wouldn't do. They also just have gone through numbers of layoffs in the past year, including de-staffing their Todum website,. which had only just launched right before they did their layoffs. So there does seem to be a very important pivot that they're making.
If you attempted to fly Southwest Airlines over the holidays, you're not going to be surprised by their latest earnings results.
(0:20) Tim Beyers discusses: - Southwest's $220 million loss - Why the airline has "a more fundamental problem" - Comcast's growing subscribers (and costs) in its streaming service, Peacock
(11:00) Ricky Mulvey talks with Catie Peiper about Netflix's international expansion and programming strategy.
Companies discussed: LUV, CMCSA, NFLX, WBD
Host: Chris Hill Guests: Tim Beyers, Catie Peiper Producer: Ricky Mulvey Engineers: Rick Engdahl, Tim Sparks
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