When you're on a team you know you can be cut at any moment. It's ruthless over there and the recruiters will make sure you're aware of that early in the interview process. Netflix was never known as a good place to work which is why they pay outrageous salaries and the average employment length is a little over a year.
At my “WLB friendly” company, they’re addicted to cost-cutting by off-shoring. Less pay but stability was the draw.
As soon as the tech-hiring boom was over they started finding ways to gas-light:
- If you’re not delivering/under-delivering, it’s certainly a red-flag.
- If you’re “overworking” that’s a red-flag.
- If you’re phenomenal and young, they’ll keep you and look the other way.
- If you’re off-shore, they’ll also look the other way.
- And raise concerns, and I get red flagged (honestly, I don’t have the right skillset here).
Source: Watching my US team slowly get dismantled, while my manager says otherwise.
Is that a past market leader semiconductor company now struggling to get it's act together?
Not saying they are common, but they do exist.
Just an example. My dad who works for a small construction company as a steel detailer, when all the construction work was put on hold during covid, the company told the employees to go out and find places looking for volunteer workers, and the company would pay them their normal salary to do the volunteer work.
They have shown time and time again through the years (and he's been with them basically his whole professional life) that they do everything they can to help their employees.
Doing what's best for the company long term is generally what's best for employees in the long term. Sometimes layoffs are what's best. Companies that deeply care about their employees will still have layoffs.
I love this one: "Selflessness. You seek what is best for Netflix, not yourself or your team". Sounds like something a cult leader would have you commit to.
Plus, that page is insanely long.
Statements like this imply that doing the best thing for the company won’t be rewarded in the best way for individuals. Why not?
I think part of it is that they believe you are compensated well enough that you don't need extra rewarding.
For 400k, I can look the other way for a couple of years to build up a safety net, then peace out to a company with a better work-life balance.
I imagine that's what a lot of people are doing with FAANGs.
Cults and FAANGs offer a similiar vision of a rosey future that will not come to pass for the average person.
Company is about the upside
Ofc they are different.