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Netflix tells employees to spend company money wisely, be selfless and brave

It’s all fun and games until customers begin to cancel memberships and company stock takes a nosedive. Netflix finds itself playing offense as the streaming service experienced its first subscriber loss in more than a decade, losing 200,000 subscribers during the first quarter of 2022.

Netflix sent a memo to its employees reminding them to spend the company’s money wisely. You would think that this kind of instruction would be unnecessary but apparently not. The memo was titled “Netflix Culture – Seeking Excellence.”. Under the “Judgment” section, it instructs employees to “spend our members’ money wisely.” Maybe it is referring to some of the less than stellar projects that were given a green light but have now been scrapped, including one with Duchess Meghan.

The company renamed its ‘culture memo’ and, most importantly, reminded employees that not everyone shares their world view. In other words, not all Netflix subscribers are

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