Pros: Lack of politics, hard problems to tackle, extremely bright colleagues, lack of bureaucracy, "context, not control" style of management, no tracking of hours or time off, flexible work options. Netflix is extremely successful as a company, and it's a fun business to be in and win at.

Cons: There is always more to do than people to do the work, but I've never had a job where this wasn't the case. Also, it's sometimes hard to find the boundaries between family and work life because there is no tracking of work hours. Many of the folks in my area are highly self-motivated, which fosters a self-imposed culture of working nights and weekends.

Pros: Good pay, good benefits. Really smart people.

Cons: I loved working here, but once the switch of Chief Product Officers, it was all downhill. Condensing, judgmental, and egotistical would describe the current leader best. He is the exact opposite of the man he replaced. The company has also completely moved away from being a tech company and is officially a studio/entertainment company. The engineering team doesn't get the respect that they deserve. Now that the company is going to be lead by two CEOs (what a joke), it will only get worse, as the co-lead cares 100% about content and self-promotion.

Pros: High degree of freedom for engineers.

Cons: Sometimes it can feel like the company is a bit disorganized.