Netflix's culture shift to transparency, led by CEO Reed Hastings, contributes to its success and 40M ad tier subscribers.
Netflix's shift from secretive to transparent culture led by CEO Reed Hastings has been a key factor in its success. This change is seen in culture memos, which are thoroughly reviewed by top execs and allow employee feedback. Netflix's ad tier has nearly doubled in six months, reaching 40M subscribers. Co-CEO Greg Peters discusses updated culture memo, with a focus on responsibility accompanying freedom.
June 24, 2024
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