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Evidence receipt / belief

Published · transcript-backed

Ben Gilbert: belief

10 Feb 2022 Acquired Peloton

“I think that also had a huge round of layoffs before they committed to a new plan going forward when Netflix was on the ropes and about to die.”

— Ben Gilbert

Source trail

Everything needed to verify it.

Speaker
Ben Gilbert
Attribution
Verified speaker
Claim type
belief
Recorded
10 Feb 2022
Publisher
Acquired
Episode
Peloton

Transcript context

…Yeah, there were layoffs at UBS—my first job out of college—during the financial crisis. Ultimately, I think close to 50% of the company was laid off while I was there. It's hard. It's so hard. Layoffs are just no fun. That's an obvious statement, but it's hard. To transition us into thinking about one of our previous episodes with Barry McCarthy, he was a part of that big company-changing moment at Netflix where they had to restructure the whole thing. I think that also had a huge round of layoffs before they committed to a new plan going forward when Netflix was on the ropes and about to die. Yup, 40%.…

Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.

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