Are you just making stuff up now to support your narrative? That article in no way points to bankruptcy. And what people are missing out is netflix is about to have their subscribers explode next month. Stranger things returning will bring back netflix subscribers to a record level. Now the question is can they keep them. The issue with netflix is its expensive compared to other platforms, and they havent really had that BIG release in awhile.. the last was the movie with the rock and wonderwoman (too lazy to look up the title). In comparison disney and others are adding something exciting month over month at a cheaper cost.
So netflix is struggling due to price, no huge releases, and COMPETITION.. they will right the ship (already talking of an ad included cheaper option), and stranger things will help.