If you need any more proof that private equity ruins everything it touches, look no further than the curious case of EA. Electronic Arts has long had a reputation for being the greediest game publisher around, going to great pains to monetize its games to the fullest extent possible and touting a list of killed studios Ted Bundy would be jealous of. — Read the rest

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Sources say more cuts could follow as the company looks to improve its finances.

Netflix said most of the cuts would affect its product, tech, legal, and human resources departments.

Flock would not say if CEO Garrett Langley would take a pay cut following the reduction in workforce.