Brian Pitz

“We believe this round of layoffs reflects more structural changes to the cost base than a reaction to near-term subscriber dynamics,”

Brian Pitz · said 2026-10-15 · reported 2026-10-16

Pitz wrote in a research note published Friday about Netflix's layoffs of roughly 1,000 employees.

“The sudden departure of Bajaria likely signals to us that user engagement may have remained soft throughout [the third quarter],”

Brian Pitz · said date not stated · reported 2026-10-16

Pitz wrote that Bajaria's sudden departure likely signals soft user engagement throughout the third quarter.