Netflix company culture

Netflix is seeing a sharp rise in the number of long-term customers cancelling their subscriptions, signaling a new threat to the left-wing streamer’s financial stability, according to a new study. Consumers who had been Netflix subscribers for more than three years accounted for just 5 percent of total cancelations at the start of 2022, but that figure jumped to 13 percent in the first quarter of 2022. Also in the first quarter, total cancellations spiked to 3.6 million people, compared with around 2.5 million in the previous five quarters. The results are from a study conducted by the research firm Antenna and provided to the tech news site The Information. Antenna said it drew its data from a panel of 5 million Americans. “The data help illuminate why Netflix’s subscriber growth stalled suddenly in the first quarter, prompting a big drop in the company’s stock price to its lowest point in several years and undermining investor confidence,” The Information said. Netflix … [Read more...] about Study: Netflix Seeing Sharp Rise in Long-Term Customers Cancelling Their Subscriptions

At the height of the COVID-19 pandemic , many life events and celebrations were postponed. As a result, the number of US weddings in 2020 was the lowest in nearly a half-century. The pandemic's first year saw approximately 1.68 million weddings, a drop of 16.8% from the 2.02 million recorded in 2019, according to data from the US Centers for Disease Control and Prevention's National Center for Health Statistics . recorded . NCHS data on 2021 marriages isn't available yet, but according to a survey conducted by industry analyst The Wedding Report , there were approximately 1.93 million weddings, with an average spend of about $22,500. With the arrival of vaccines and a relaxing of COVID restrictions, industry experts expect a wedding boom in 2022. According to The Wedding Report, 20% of couples rescheduled their weddings last year to 2022. Some 2.6 million weddings are expected by the end of the year, according to a February report from The Knot , the most since … [Read more...] about COVID Pushed 2020 Wedding Rate to Lowest in 50 Years

Even tech companies that have promised to slash their greenhouse gas emissions have a big climate-related blind spot, according to a new report published by three environmental groups. With their cash and investments, Google, Apple, Meta, and other tech giants are indirectly financing fossil fuel companies. While these companies might have taken steps to cut down on pollution within their own operations and supply chains, the financial institutions they bank with still funnel Big Tech’s profits into heavily polluting industries. Emissions associated with that financial activity are so significant that they actually far exceed emissions from each company’s operations, the report finds. That pollution has flown under the radar because it isn’t typically included in companies’ assessments of their emissions. But if emissions associated with the cash holdings for Google, Meta, Microsoft, and Salesforce were taken into account, it would increase their carbon footprints by … [Read more...] about Why tech giants’ cash is a hidden source of greenhouse gas emissions

The nation’s Democratic labor secretary is urging Republicans and Democrats to import more workers for jobs throughout the U.S. economy, even as millions of Americans remain on the sidelines of the U.S. economy. “Go talk to businesses in your communities, privately, and ask them what they want: Every single company is going to say we need immigration reform,” Labor Secretary Marty Walsh told the House Appropriations subcommittee on May 17, adding: Big companies need it, small companies need it, people need it. We need more workers in this country. We’re a country that that constantly depends on immigrant workers. We always have. My parents were two of those workers that came to this country. We’re a country that if we want to continue to move forward as a country, we need to figure out some immigration laws and get some reform. “It’s a complete betrayal of the people that he is supposed to be prioritizing in in that position,” responded Rob Law, regulatory policy chief at … [Read more...] about Biden’s Labor Chief Urges Congress to Import More Foreign Workers

Apple retail employees in Atlanta are accusing the company of violating the National Labor Relations Act by holding captive audience meetings to counter an ongoing union drive at the site. The Communications Workers of America, which is working to organize the store, filed an unfair labor practice reporting the activity earlier today. Workers at the Cumberland Mall Apple store filed for a union election in April. They say that while they love the company, they want to have a bigger say in their compensation , benefits, and store health protocols. The Cumberland store is one of three retail locations where workers have launched official union drives. Many more are in the process of organizing. Apple hasn’t said publicly whether or not it supports the union, but the company has distributed anti-union talking points to some store managers, according to Vice . It has also hired well-known anti-union lawyers from Littler Mendelson to respond to the Atlanta union campaign. … [Read more...] about Apple accused of union busting in new labor board filing

There have been many influential women throughout history. While women's history has often been ignored or even erased over the centuries, many women have made huge impacts on society through activism, art, politics and leadership. Women's History Month — observed annually in the month of March — is a perfect occasion to discover more about the female revolutionaries, politicians and campaigners who are simply too important to be forgotten. Here are some of the most influential women in history. Related: 20 amazing women in science and math Ruth Bader Ginsburg (1933-2020) Greatest Women in History In this special edition from the makers of All About History magazine, discover the stories, accomplishments and adventures of just some of the many inspirational women who have made their mark on the world. Available now exclusively in the U.S. and Canada. Pick up a copy from your nearest Barnes & Noble, Books-A-Million, Sam's Club, Whole Foods … [Read more...] about Famous women in history: 10 influential women from around the world