Netflix was known for being very fast to fire if you stopped producing. Netflix didn't even value Netflix employees beyond what they could produce in the moment. They leaned into the zero loyalty to employees model that US corporations rely on.

Read this article which is pushing this as a positive. Grep for "Tell the Truth About Performance" to see where they talk about changing what an employees job needed. An employee they recognize had done a good job for 5 years, but wasn't what they wanted going forward so they weren't even going to try and help get her the skills to do the new job, but just lay her off immediately.