Pros
Netflix is unlike any other company I've worked at. There's a level of trust that you don't see at other companies, and the people you work with all tend to be senior-level and very capable. Because of that, there hasn't been a hierarchy among IC's; everyone leads projects and functions as a trusting peer with everyone else. It's also always been a pretty lean company with process where it's needed but not the influence of politics and bureaucracy. But both of those are slowly changing, and I fear it will soon become like every other tech company. Another pro is that the compensation is 100% salary (no bonuses or forced RSU's), and thankfully that's not changing.
Cons
Inconsistency in management across the company, the addition of levels among ICs could hinder collaboration as not everyone will be equals and a hierarchy will be created, the possible introduction of a location-based salary adjustment is unjustified (output stays the same, the company saves money with so many working remotely). Internal communication has been horrible lately, which is sad and frustrating for a company that prides itself on being open and transparent.
