It's just MAAA now. Google (Alphabet) and Apple each have 16-20x more employees than Netflix, it was never even part of the club to begin with but especially not now. Pretty soon it'll just be AAA I guess, Meta only had like 6x more employees than Netflix before the upcoming layoffs.
I thought (one of the) main reasons for the categorization is how these companies look on a resume? Netflix is supposed to have a very "quality over quantity" approach to their hiring, they only want to keep employees who work really well and apparently pay fairly well for it, so having history there shows that at least they thought you were good or had a chance of being good enough for them. If you see job ads asking for a "rockstar developer" or something, that means the company is trying to imitate that approach (almost always with the goal of being able to have less employees who they still pay well below market rate).
It's just MAAA now. Google (Alphabet) and Apple each have 16-20x more employees than Netflix, it was never even part of the club to begin with but especially not now. Pretty soon it'll just be AAA I guess, Meta only had like 6x more employees than Netflix before the upcoming layoffs.
I thought (one of the) main reasons for the categorization is how these companies look on a resume? Netflix is supposed to have a very "quality over quantity" approach to their hiring, they only want to keep employees who work really well and apparently pay fairly well for it, so having history there shows that at least they thought you were good or had a chance of being good enough for them. If you see job ads asking for a "rockstar developer" or something, that means the company is trying to imitate that approach (almost always with the goal of being able to have less employees who they still pay well below market rate).