Netflix’s Extraordinary Parental Leave Was Part of Its Culture. That’s Over.
December 12, 2024
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(Wall Street Journal) – Employees worry the pullback and other new restrictions mean the entertainment giant is losing the identity that fueled its success
Netflix made headlines nearly a decade ago when it unveiled one of corporate America’s most generous parental-leave benefits, pledging to give new moms and dads unlimited time off in their child’s first year.
It was a promise Netflix couldn’t keep.
The policy was in line with a core company value, “freedom and responsibility,” the idea that employees can be trusted to set their own boundaries. But more staffers than expected took full advantage of the benefit, and Netflix ultimately found it unsustainable. (Read More)