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Chronicles

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Sources: as subscriber growth slows, Netflix scours its business to cut costs, including managing cloud spend, limiting corporate swag, and hiring junior staff

The streaming giant seeks to impose more financial discipline as growth stagnates  —  As Netflix Inc. NFLX 1.67%▲ … Tweets: @kylebrussell , @dansaltzstein , and @jtoonkel Tweets: Kyle Russell / @kylebrussell : but are they paying the junior staff at top of market rates https://twitter.com/... Dan Saltzstein / @dansaltzstein : It feels like only a few years ago that they could throw money at everything. Oh wait, that was just a few years ago. https://twitter.com/... Jessica Toonkel / @jtoonkel : SCOOP: In a major cultural shift, Netflix is now scouring nearly every corner of its business for ways to cut costs, people familiar with the matter say w/⁦@bysarahkrouse⁩ https://www.wsj.com/...

Wall Street Journal