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Netflix takes drastic action as stock plunges 40%, cuts 1,000 jobs

Netflix takes drastic action as stock plunges 40%, cuts 1,000 jobs

Layoffs affect 6% of workforce, the biggest reduction since 2022, as company moves to protect profitability
Falling viewing time and intensifying competition make breakthrough urgent Netflix, the world’s largest video streaming company, will cut about 6% of its workforce as it responds to slowing growth and subscriber departures.
Three Tim Curry Characters Every Korean Viewer Would Recognize

Three Tim Curry Characters Every Korean Viewer Would Recognize

A cult icon has returned to his own star. On 2026-08-25, actor Tim Curry died. From the stage to film, television and animation, he worked across every medium and used his distinctive gifts to fully inhabit characters, leaving a lasting impression on many.
JYP Cuts Target Price by 21%—Here’s Why Analysts Keep a “Buy” Rating

JYP Cuts Target Price by 21%—Here’s Why Analysts Keep a “Buy” Rating

A forecast for second-quarter operating profit of 35.7 billion won falls short of consensus… The “Buy” view stays intact on valuation appeal and rising awareness in the West
“Low-Buy” Timing Shines Amid a Short-Term Earnings Chill Even as Wall Street-style evaluations remain harsh, an opportunity for a turnaround is starting to take shape. Korea Investment & Securities has zeroed in on “JYP Entertainment” (JYP Ent.
Revisiting The Scam's Memorable Lines in the KOSPI 7,000 Era

Revisiting The Scam's Memorable Lines in the KOSPI 7,000 Era

The days when the word 'stock' would make you think of 'rice' or 'a bowl of rice' are over. Since the KOSPI crossed 7,000 on May 6, this is an era in which everyone invests in stocks rather than thinking of 'rice' or a meal.
Naver Webtoon Entertainment's 'Disney Partnership' Stock Soars 80% in One Day

Naver Webtoon Entertainment's 'Disney Partnership' Stock Soars 80% in One Day

Avengers, Spider-Man, Star Wars Webtoon Adaptations... Wall Street 'Stringent Disney Approval Proves Value'
Naver Webtoon Entertainment, the parent company of Webtoon, announced a global partnership with The Walt Disney Company, resulting in a record stock surge of over 80% in just one day on the New York Stock Exchange. On the 13th , Webtoon Entertainment closed at $16. 96 on the New York Stock Exchange.