Jessica Toonkel, a WSJ reporter specializing in Netflix's corporate dynamics, discusses the seismic shifts in the company's once-lauded culture. As Netflix scales back its 'no rules' approach, the impact on benefits like parental leave is significant. Toonkel explores the transition from a generous year-long paid leave to more traditional policies, highlighting the challenges of balancing employee needs with financial pressures. The conversation reveals how these changes reflect broader concerns about transparency and job security in a shifting corporate landscape.

Layoffs, Disney CEO take-backsies, and the Netflix of it all — this week, Recode’s Peter Kafka catches up on the not-that-upbeat media industry with Jessica Toonkel, deputy media editor at The Wall Street Journal. They discuss why Big Media companies of every variety are struggling to please investors, advertisers and users, and why good news isn’t coming anytime soon. Also: WTF is Netflix’s video game business going to be? (And if you do want to check out a Netflix-branded mobile game, "Into the Breach" is a good one.)Featuring: Jessica Toonkel (@jtoonkel), Deputy Media Editor at The Wall Street JournalHost: Peter Kafka (@pkafka), Senior Editor at RecodeMore to explore: Subscribe for free to Recode Media, Peter Kafka, one of the media industry's most acclaimed reporters, talks to business titans, journalists, comedians, and more to get their take on today's media landscape.About Recode by Vox: Recode by Vox helps you understand how tech is changing the world — and changing us. Learn more about your ad choices. Visit podcastchoices.com/adchoices