Netflix lays off 300 more people – almost 3% of its staff
Netflix is a cautionary tale of Wall Street growth-at-all-costs mixed with Silicon Valley hyperoptimization. Their tendency to cancel popular shows because they become more expensive to produce doesn&#x27;t bode well for their value proposition.<p>Compared to the other streaming services, Netflix will get dropped long before even Apple TV+ in my household. Adding ad-supported tiers is fine, they just better never add ads to the current paid tiers. Furthermore, cracking down on password sharing is reason enough to cancel - it shouldn&#x27;t matter what I do with my account as long as I&#x27;m paying. They already limit the simultaneous streams and that seems fair. They shouldn&#x27;t be wasting time and effort figuring out if logins are coming from different households.