Netflix can pay you $385,000 to work as a flight attendant on their private jet

After cutting jobs last year, Netflix will hire a hostess to work on one of the company’s private jets with compensation amounting to $385,000 (£313,538).

Netflix struggled to meet expectations in 2022, initially laying off 150 employees including senior executives after missing first-quarter estimates by $62 million.

But the new role advertised on the Netflix website promises up to $385,000 in compensation for a candidate who can carry up to 30 pounds (13 kg), travel the world for extended periods of time and stand for extended periods.

Netflix says the right candidate for the lead position as a flight attendant in Northern California is someone who embraces Netflix’s culture of freedom and responsibility, and works with a little direction and a lot of self-motivation.

The ad states that the average compensation for similar roles is between $60,000 and $385,000 per year.

Netflix is ​​expected to do better in the fourth quarter of 2022, with Trefis estimating that revenue will reach $8 billion — an increase of 16% year over year.

Netflix is ​​expected to perform well in late 2022 despite the summer layoffs

Works like Stranger Things helped restore some of Netflix's growth trend after a year of stagnation

Works like Stranger Things helped restore some of Netflix’s growth trend after a year of stagnation

Netflix is ​​recruiting for a Flight Attendant who will serve as the primary flight attendant on a Super Midsize Jet, supporting Gulfstream G550 Jet flights as needed.

A new G550, worth up to $62 million. Super mid-size aircraft can cost only 7-12 million dollars.

The role includes briefing on safety and emergency procedures prior to each flight, assisting with the transport of inventory and baggage, and pre-inspection of emergency equipment in the cabin, galley and cockpit.

Netflix requires candidates to have FAA approved flight safety training and the flexibility to work a varied schedule, including weekends and vacation periods.

Compensation of $385,000 is dependent on market bands and is different from base salary.

Netflix followed a company-wide change in the past year to bounce back from subscriber numbers.

The company reported 223.09 million subscribers in the third quarter of last year, which is slightly higher than the 220.67 reported in the second quarter and marginally better than the 213.56 million subscribers in the third quarter of 2021.

In March of last year, Netflix’s 2017 tweet “Love is password sharing” went viral after a decision to partially ban password sharing between users in an effort to encourage growth.

The company experimented with sharing passwords for users in the same home in Latin America, charging an additional $3–4 per month for a second home, but the idea later “sunset”.

Hits including Stranger Things and Monster: The Jeffrey Dahmer Story last year helped the brand improve last year’s growth.

Netflix’s decline since the pandemic — which saw the company grow exponentially around the world as non-users were stuck indoors — is in line with a broader trend of layoffs in the technology sector.

Netflix laid off 150 employees in May last year, rising to 300 in June, after a period of stagnant growth.

Netflix laid off 150 employees in May last year, rising to 300 in June, after a period of stagnant growth.

A report by Layoffs.fyi, which tracks layoffs at technology companies, showed that more than 150,000 employees lost their jobs within a year.

The site reported that the worst offenders were formerly the most powerful tech companies on the Facebook Meta and Amazon, both of which suffered huge losses in 2022 and engaged in firefights to salvage their bottom line.

Shares of Netflix fell to a five-year low in mid-2022, but have risen 60% in the past six months.

The tech sector's layoffs were revealed in a recent analysis from Layoffs.fyi, which tracks firings in real time from information gleaned in media reports and company releases.

The tech sector’s layoffs were revealed in a recent analysis from Layoffs.fyi, which tracks firings in real time from information gleaned in media reports and company releases.

In addition, many small tech startups have received inflated valuations during the pandemic, which has allowed them to receive additional funding and hire new employees.

Maintaining this has been more difficult as investors turn away from an uncertain and complex market affected by the war in Ukraine and the looming global recession.

Netflix is ​​looking to add 4.5 million subscribers to its count in the fourth quarter of 2022, which is a significant improvement over the 2.41 million subscribers in the third quarter according to Trefis.

Trefis noted that the last quarter of the year is often the weakest for Netflix due to higher marketing and content spending.

Operating margins are expected to be around 4%, compared to 8% a year ago.

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