Seemingly engineering is only a small part of what matters. Netflix is a content company, after all. Being fast and available means nothing if the content isn't there. HBO Max seems to be doing quite well in spite of the app being technically terrible.

Heck, they'd need to layoff 500 of those engineers earning the vaunted 500k salary to reach what they're paying Benioff and Weiss, who have so far produced Metal Lords and The Chair.