So I look at this sort of layoff as not strictly indicative of the broader Netflix concerns (which are real and valid), but just as much about the executive sponsor of a project going away, and thus the project being dropped.
Unfortunately, I think we will see actual Netflix layoffs in the future, especially as they have to to deal with loss of subscribers, lower investor confidence, and the fact that Wall Street is finally making them answer for those bloated content budgets, but I don't look at this very small, and seemingly largely focused group of layoffs as a canary in the coal mine as much as some of the trade publications (that frankly, should know better), are trying to frame this.