Netflix lays off about 150 employees
Aren't layoffs one of the hallmarks of Netflix's culture [1], made famous by Reid Hastings' slide deck [2]?> We model ourselves on being a professional sports team, not a family. A family is about unconditional love. A dream team is about pushing yourself to be the best possible teammate, caring intensely about your team, and knowing that you may not be on the team forever. ...> To strengthen our dream team, our managers use a “keeper test” for each of their people: if a team member was leaving for a similar role at another company, would the manager try to keep them? Those who do not pass the keeper test (i.e. their manager would not fight to keep them) are given a generous severance package so we can find someone even better for that position—making an even better dream team.[1] https://jobs.netflix.com/culture[2] https://www.slideshare.net/reed2001/culture-2009