{"id":1030166,"date":"2026-08-20T10:45:55","date_gmt":"2026-08-20T05:15:55","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1030166"},"modified":"2026-08-20T10:45:55","modified_gmt":"2026-08-20T05:15:55","slug":"netflix-cofounder-reed-hastings-to-ceos-stop-calling-your-teams-family-as-you-will-never","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/08\/20\/netflix-cofounder-reed-hastings-to-ceos-stop-calling-your-teams-family-as-you-will-never\/","title":{"rendered":"Netflix cofounder Reed Hastings to CEOs: Stop calling your teams family, as you will never &#8230;"},"content":{"rendered":"<p>Netflix co-founder Reed Hastings has urged the CEOs to stop describing their companies as families, warning that the metaphor creates false expectations. Hastings said the lesson came in 2001, when streaming giant Netflix, then a rental DVD startup, laid off one-third of its workforce after the dot com bust. \u201cIf you describe yourself as a family at a company, you better not ever do a layoff. You would never lay off two of your kids,\u201d he told Semafor on The CEO Signal podcast.<\/p>\n<p>A championship team, not a family<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Netflix co-founder Reed Hastings has urged the CEOs to stop describing their companies as families, warning that the metaphor creates false expectations. Hastings said the lesson came in 2001, when streaming giant Netflix, then a rental DVD startup, laid off one-third of its workforce after the dot com bust. \u201cIf you describe yourself as a family at a company, you better not ever do a layoff. You would never lay off two of your kids,\u201d he told Semafor on The CEO Signal podcast. A championship team, not a family<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[86,4,11],"tags":[],"class_list":["post-1030166","post","type-post","status-publish","format-standard","hentry","category-broadcasting-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1030166","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1030166"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1030166\/revisions"}],"predecessor-version":[{"id":1030167,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1030166\/revisions\/1030167"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1030166"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1030166"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1030166"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}