Netflix is reportedly scaling back on employee perks like parental leave, salaries, and corporate merchandise.
The company is trying to discourage the use of its unlimited parental leave policy, which previously allowed parents to take up to a year off after the birth or adoption of a child.
Netflix has also implemented limits on corporate merch spending and asked managers to keep salaries within a certain range.
These changes reflect a shift in culture at Netflix as the company faces investor pressure and aims to improve efficiency.