Netflix Updates Corporate Culture Memo, Adding Anti-Censorship Section and a Vow to ‘Spend Our Members’ Money Wisely’ (EXCLUSIVE)
variety.comTodd Spangler NY Digital EditorNetflix loves to tout its culture of avoiding rules and minimizing corporate red tape. But of course, the company does have operating guidelines, famously detailed in the Netflix Culture document posted on its website.
Co-founder Reed Hastings even wrote a 2020 book elaborating on the principles, titled “No Rules Rules: Netflix and the Culture of Reinvention.”Now Netflix is publishing an update to its corporate culture memo for the first time in nearly five years, a copy of which Variety obtained exclusively ahead of its release Thursday.
The last major update was in 2017, when it distilled Hastings’ original 125-slide presentation from 2009 (which has been viewed more than 21 million times).
The core principles of the Netflix Culture memo, including empowering employee decision-making, requiring candid feedback and terminating staffers who aren’t up to “dream team” snuff, remain intact.
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