Expense - DHAKA NEWS

Netflix set for slowest revenue growth as advertising plan struggles to gain traction

“When debt was cheap, you could go and borrow a lot of money and invest it in content,” said Shahid Khan, partner and global head of media and entertainment at Arthur D Little. “Given current interest rates, Netflix will have to be very selective about what green-lighting content and how they finance it.” For comparison, […]

By Abdullahil Kafi

January 18, 2023January 18, 2023

Business International

Amazon CEO says job cuts are for more than 18,000 roles

Amazon.com Inc’s layoffs will now spread to more than 18,000 roles as part of headcount reductions that were previously disclosed, Chief Executive Officer Andy Jassy said in a public employee note on Wednesday. He said the layoff decisions, which Amazon will begin on January 18, will impact the company’s e-commerce and human-resource organizations to a […]