There have been two distinct waves of tech layoffs amid COVID-19, according to Layoffs.fyi creator Roger Lee.
After losing 200,000 subscribers in the first quarter of 2022, Netflix (NASDAQ: NFLX) heavily shifted its priorities. As the U.S. streaming market becomes saturated with increasing competition, the company has begun looking at opportunities for growth abroad. Here's why Netflix is right to continue expanding internationally.
Consumers have been hit with a deluge of options for streaming video to their televisions and mobile devices. While Netflix (NASDAQ: NFLX) was an early pioneer of the subscription video on demand market, it's now facing competition from big media companies offering their own series and films directly to consumers. Understanding why subscribers cancel a streaming service may help investors get a better understanding of where Netflix and its stock price goes from here.