Netflix’s Subscriber Loss Has Destroyed Employee Morale

>Netflix employees also asked leadership to issue new stock grants to make them whole for the losses this past week, per The Information.

Okay so this could've made sense if the standard compensation package at netflix included options but... they don't! Netflix salaries are 100% cash, unless you chose to buy options at a discounted rate with your salary. I guess the point of the discount is to make employees more invested in the company's success, literally. But that also means that when it does not succeed, the gamble will not pay off. That's the whole point!

It's a bit weird to me that they are still asking to get compensated anyways. Even if you took a gamble that could've made you a lot more money than your colleagues would've earned if they chose a cash-only salary.

I like some of Netflix's content but always have the impression that Netflix casts it net very wide - perhaps too wide? Their library stretches from low-quality reality shows to expensive high-end drama. It's a strange mix - trying to be all things to all people?

To be fair to Netflix, they have invested in a lot in non-US content globally - probably more than other production/streaming services. They have also given some highly-regarded directors creative freedom and financed their films e.g Martin Scorcese (The Irishman) and Bong Joon-ho (Okja).

Whether Netflix is 'crisis' mode or I don't know, but it will be interesting how Netflix changes (if at all) in the coming months.

They should have stuck to the dvd by mail model. There were so many good movies to watch back then. Lots of content doesn’t matter if it’s crappy content. I bought an antenna last year and been amazed at how much better the content is, even old shows like mash and all in the family. Tv shows that shaped our culture, but changed it for the better!

When/why did Netflix start compensating employees in the form of stock options?

Some spot checks at levels.fyi shows mostly N/A or low (<30K) listed for stock compensation.