In the website development group, there is two week development cycle. That means that there is a push to the website every two weeks. This has a few consequences. One is that there is a high percentage of overhead (testing and release stuff) compared to actual development time. There is not much time for software design in such a scheme, there is always a rush to hit the next two week time click. Longer term projects are tougher to schedule and short term thinking dominates.
The performance policy is that anyone who, if they quit, would not be attempted to talk out if it, should be fired preemptively (a hair trigger threshold for firing, basically). This creates a chilling effect in my opinion. I have seen fairly senior management that disagreed with their boss being (farily apparently) fired. This creates a bit of a yes man environment, something that Netflix would deny (perhaps even to themselves). There is very little empowement of employees in real decisions, and decision making is very top down, with the resulting motivation hit that entails.