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Netflix reportedly encourages execs to widely explain why they fire people

Netflix reportedly encourages execs to widely explain why they fire people

6 years ago
Anonymous $oIHRkISgaL

https://www.cnbc.com/2018/10/25/netflix-transparency-encourages-execs-to-talk-about-firings.html

Netflix is so transparent with its employees that executives sometimes send emails to hundreds of workers explaining why they fired a particular person, according to a report from the Wall Street Journal. In rare cases, meetings about the firing can include the employee who was ousted.

CEO Reed Hastings also encourages "sunshining," a practice where people explain their decisions in public. Hastings "sunshined" his decision to give senior executives cash bonuses to buy houses in the Bay Area, a necessary perk to retain talent but one that led to a debate on whether the company should help more employees in a similar fashion.