Netflix (NFLX) will be cutting 6% of its workforce — or 1,000 jobs — keeping in trend with other media giants who have also reduced their headcount. Piper Sandler director and senior research analyst Tom Champion comes on Market Domination to speak more on how Netflix is dealing with the generational streaming and content shift away from the living room, especially as creator content dominates viewership. Video Transcript 00:00 Speaker A a bit more efficiently and for the streaming space, which is uh you know, unequivocally more competitive uh than it has been in the past where, you know, uh Netflix uh market position is is a little more tenuous.
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