Another Layoff at Netflix - When Does It Stop?

Seriously, another ? employees out the door at Netflix on August 14th. Saw it on Fox Business. This is getting ridiculous. It feels like every few months there's a new wave of job cuts. I know the industry is cyclical, but this feels more aggressive than usual. Are they trying to cut costs drastically? Are there internal issues that aren't being discussed publicly? It's tough seeing so many people lose their jobs, and honestly, it makes you wonder about job security for those who are left. Is anyone else feeling this way? It's hard not to get jaded when this keeps happening. Wish there was more transparency about the long-term strategy.