Netflix co-founder Reed Hastings: Stop calling your business a family if you plan to lay off staff
Reed Hastings, the co-founder of Netflix, argues that businesses should function like professional sports teams rather than families. He explained that if a company labels itself a family, it shouldn't be firing people, noting that you wouldn't lay off your own children. According to Hastings, staff members grow cynical when organizations use the family metaphor but don't actually treat them that way.
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