Last week Netflix unleashed a round of bloodletting in Hollywood reminiscent of a Quentin Tarantino film. The streaming giant fired about 6% of its staff, the biggest round of lay-offs since 2022, and purged some of its most senior creative executives. The aim, no doubt, was to assuage investors’ concerns about the effect of a drought of hit shows on its revenue. But alas, à la Tarantino, the plot thickens.
Is Netflix losing the plot?
The rise of YouTube has shifted the ground under the streamer’s feet
Photograph: Getty Images
