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Netflix Updates Its Famous Culture Memo: ‘Netflix Sucks Today Compared to Where We Can Be Tomorrow’
Netflix released the latest update to its culture memo, its guiding set of principles for how the company operates.
“While we’ve had our fair share of failures — and a few people have taken advantage of our culture — our emphasis on individual autonomy has created a very successful business.” Netflix’s new culture memo includes these two items as among its four core principles (alongside “The Dream Team” and “People Over Process” entries): “We believe that our culture is key to our success and so we want to ensure that anyone applying for a job here knows what motivates Netflix — and all employees are working from a shared understanding of what we value most,” Ezama wrote.
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