Posts Tagged ‘Best Place to Work’

Movie Magic? Netflix Reports Profit

Amidst today’s regular news reports of home foreclosures, sinking corporate profits and high unemployment rates, Netflix breaks away from the pack and posts a quarterly profit increase of 45 percent this week.

So what’s the “secret sauce” that has this company doing so well in a down economy? Well, maybe many people are foregoing trips to the movie theatre and are instead watching DVDs on their couch, but you won’t get a detailed economic analysis from us. What we have seen from the Netflix reviews on Glassdoor.com is that Netflix is mixing their own recipe for success in creating a great work environment. The company is known as a great employer in Silicon Valley and currently has an overall rating of 4.1 on Glassdoor.com with a slightly higher rating of 4.4 at the company’s headquarters location in Los Gatos, Calif.

A culture rich in collaboration and teamwork is one key ingredient to the company’s great work environment, according to many employees. Here’s what an Netflix Engineering Director had to say:

Netflix is a great place to work with an extraordinary group of people – There’s no micro managing here and everyone is allowed to take responsibility for their own projects. There’s an amazing ...

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