Rumors are saying that $iQIYI (IQ.US)$ will make huge layoff...
Rumors are saying that $iQIYI(IQ.US$ will make huge layoffs echoes the its dismissal turmoil late last year. As the leader of long-form video in China, iQiyi seems to be even more backword compared to $Netflix(NFLX.US$ . Its financial situation is worrying. Did anyone buy stocks in Chinese video platform companies?
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Elizabethy : it is Media, we are in war, and we needs Media. Paramount is top media pick for 2022. It si perfect storm.