Netflix

Perks like free food, unlimited vacations (though a double-edged sword, really), swag, sometimes exciting projects, and some good coworkers.

Too much of hiring and firing. As a result, everyone is looking out only for their roles and jobs.

A lot of political crap. Especially not good for single-income families or H1B visa holders. I've had people cry when they are let go because they don't have any other options.

Take the good salary with the risk it gives. You will be let go; it's just a matter of when.

Growth opportunities are non-existent, and your salary bumps are very subjective.

Work-life balance is a joke at times, but it depends on the team and manager. You can't have great work-life balance for long since either your manager will be let go or you will be let go for not working harder.

Unlimited vacations are good in a good team, but if your manager is a micromanager, forget about it. It then becomes worse than limited vacations.

Change the way you reward your employees. Now there are a lot of people that would push their colleagues under the bus.

Sadly, Netflix has changed for the worse in the past decade.